XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD have immediate support 2755 to 2758 level and it can hit firstly 2766 level then 2790 level with stop loss 2744 level . Intraday purpose buying is better on 5 minute chart with stop loss 2744 level for upside targets 2763,2766 and 2768 level respectively .Irregular correction made on 2766 level as shown on chart so it can sharply bounce over 2766 level .
QUICK FUNDAMENTAL LOOK
Gold held around $2,760 per ounce on Thursday, following a slight decline in the previous session, as investors reassessed the Fed’s policy outlook after its widely expected decision to hold rates steady.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .