FXStreet (Mumbai) - Gold prices in the EUR terms are back above the 200-DMA, but the gains are being capped around EUR 1060/Oz levels. Hovers above monthly 10-MA The metal found fresh bids at its monthly 10-MA at 1058 earlier today, following which the prices hit a daily high of 1062.31 levels. The common currency remains under pressure ahead of the FOMC rate decision due later today. Moreover, the metal has been on a rampage after the ECB’s Draghi signaled more monetary easing in December. Gold/EUR Technical Levels The immediate resistance is seen at 1062.31 (daily high), followed by a hurdle at 1068.56 (Oct 23 high). On the lower side, a break below 1058 (10-MA on monthly chart) would expose 200-DMA at 1055.53. For more information, read our latest forex news.