XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD running in negative trend and its immediate strong resistance area are 2674 to 2683 level . Stop loss is 2690 level and it can fall below 2658 level in short term because irregular correction made at level of 2658. Intraday purpose selling is better for targets 2669, 2666 and 2663 levels respectively with stop loss2669 level.
QUICK FUNDAMENTAL LOOK
Gold eased below $2,700 per ounce on Monday on a likely technical pullback after a 6% surge last week, driven by safe-haven demand amid escalating tensions in the Russia-Ukraine conflict.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .