PRECIOUS METALS::: Gold prices are trading at 1301.25, 0.39% above from its previous close. The precious metal is likely to dance on the tunes of Core Retail Sales that measures the change in the total value of sales at the retail level in the U.S., excluding automobiles will be released today. On hourly scale, the precious metal has given a breakout of 'Bullish Flag' pattern, which is a trend following pattern whose reliability is very high. The yellow metal is expected to witness more upside once it will trade above 1304 levels. Awesome oscillator has given a bullish crossover while RSI is trading at 63.49 levels.