XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD completed or near to completion wave 4 and its last wave 5 should go below 1802 level without touch 1882 level.Selling is better with stop loss 1882 for intraday targets 1847.1844 and 1838 targets respectively.Overall downside target is 1802 below.
QUICK FUNDAMENTAL LOOK
Gold prices climbed more than 1% on Monday as dramatic clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle East conflict and spurred a rush to safe haven investments like bullion.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.