XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW 1 hour chart showing calculations it is running in positive trend and its immediate support area 2264 to 2330 level .It made simple zigzag abc correction so it can jump over 2435 level in short term . Overall trend stop loss is 2277 level .Intraday purpose buying is good for intraday targets 2346,2350 and 2355 level respectively with stop loss 2277 level .
QUICK FUNDAMENTAL LOOK
Gold prices fell on Monday, as investors awaited key U.S. inflation data due later this week, which could shed light on the timing of the Federal Reserve's first rate cut.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.