XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in negative trend and stop loss is 2498 level . It can fall towards 2353 level .Intraday purpose selling is better with stop loss 2498 level expecting intraday targets 2373 , 2371 and 2368 levels respectively .Resistance area is 2379 to 2389 level .
QUICK FUNDAMENTAL LOOK
Gold was on track for a weekly loss, even as prices firmed on Friday ahead of a key U.S. inflation reading that could offer more cues on when the Federal Reserve will cut interest rates.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.