XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD running in positive trend and its immediate strong support are 2550 to 2565 level . Stop loss is 2537 level and it can rise above 2602 level in form of wave 5 .Intraday purpose buying is better for targets 2595,2598 and 2602 levels respectively with stop loss 2537 level.
QUICK FUNDAMENTAL LOOK
Gold shot up to a fresh record of $2,600 per ounce after the keenly-anticipated cut to interest rates from the Federal Reserve ignited a bull run.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .