Spot gold prices or the XAUUSD may further rise in the near term as the pair breaks out from its downtrend line. The positive momentum from its recent breakout may further push higher. Still, some selling may be seen at the 1,350.00 marker. Note that this level acted as a support in the past. Given this, the commodity may hit a wall and then fall after its initial rise. An overbought condition as depicted in its stochastics also points to this possibility. Nonetheless, a move above 1,350.00 may send it to 1,400.00. But given its general trend which down, the bias on the side of the US dollar.