XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW 15 minute chart showing calculations it is running in negative trend and its immediate resistance area 2352 to 2368 level . It can fall below 2337 level .Stop loss for selling is 2370 level and intraday targets are 2340 ,2337 and 2334 levels respectively .5 minute chart showing irregular correction at level of 2337 so sharp fall can take gold below 2337 level in very short term.
QUICK FUNDAMENTAL LOOK
Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead of a key U.S. inflation reading .
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.