PRECIOUS METALS::: Gold futures is trading at 1299.05, 0.21% below from its previous close. The precious metal is likely to dance on the tunes of Export price Index that tracks price changes of U.S. export goods which determine that whether a change in the headline Export figure is representative of an increase of goods sold to foreign nations or just an increase in the price of export goods. The yellow metal has given a breakout of ‘Falling Wedge’ pattern on 4-hour chart, which is a trend reversal a pattern. The precious metal is expected to witness more upside once it will trade above 1310 levels. Awesome oscillator and CCI are hinting for more upside.