John Live Trade

2023-06-29 19:19Source:BtcDana

XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW    

      It is running in negative  trend and it is running in wave 3 so it can fall towards 1880 levels non stop .Immediate resistance are 1910 to 1914.30 as shown by red box in graph .We can sell with stop loss 1918 for intraday targets 1900,1896 and 1890 respectively .Gold is running in downtrend and it has also gap in candle at level of 1873 so very high chance it can fill the gap very soon .

 QUICK FUNDAMENTAL LOOK                                                             

Gold hovers near mid-March low on dollar strength, hawkish Fed.Gold close to four-month low near $1,900 psychological mark

Dollar up 0.2%

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