Technical Analysis:
Gold have already reached to its discounted area and we might see price dipping towards daily fvg on 2388-2390. If price gives a MSS on our zone to the upside we can look for buying opportunity and target towards 2450-2460.
Fundamentals:
A look at the day ahead in U.S. and global markets from Mike Dolan
U.S. President Joe Biden's weekend withdrawal from the White House race can hardly be seen as a big surprise, but it adds some doubts to market bets that Republican challenger Donald Trump is a shoo-in in November's election.
After a turbulent few days for Wall Street stocks that saw their biggest weekly loss since April, and as big tech megacaps hiccupped into the start of the second-quarter reporting season, volatility had already resurfaced to some degree.
Disclaimer: Trading carries risk. Practice effective risk management and consider your risk tolerance before trading.
