XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD has strong resistance 1918 to 1924 levels as red box marked in graph . Wave 3 or wave c is going on and 1929 is reversal point and it can decline further until this resistance holds.Intraday purpose selling can be done with stop loss 1929 expecting downside towards 1901.1870 levels can come also if 1929 levels untouched.
QUICK FUNDAMENTAL LOOK
Gold prices slipped on Monday as the dollar and U.S. Treasury yields firmed on the Federal Reserve's higher-for-longer stance on interest rates.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.