XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in positive trend and its immediate strong support area 2337 to 2347 level .Stop loss for buying is 2339 level and intraday targets are 2363,2366 and 2369 levels respectively .It can rise upside for 2450 level in form of wave 5 .
QUICK FUNDAMENTAL LOOK
Gold rose to around $2,360 per ounce on Thursday, closing in on its highest levels in four weeks after fresh US economic data reinforced expectations for interest rate cuts by the Federal Reserve.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.