• Pair is currently trading around $1166 levels.
   
• It made intraday high at $1173 and low at $1164 levels.
   
• A break of $1174 levels will take the parity towards $1200 levels.
   
• Alternatively, a reversal from Friday's high ($1174.42) brings the parity below $1150 marks.
   
• Initial support levels are seen around $1162, $1157 and $1142 thereafter.
   
• On the top side resistance levels are seen at $1174, $1182 and $1192 thereafter.
  
  We maintain our bullish bias. We prefer to take long position on XAU/USD around $1163, stop loss $1145 and target $1191 and $1200 levels.