XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD has strong resistance 1909 to 1924 levels and it can fall below 1884 levels without touch 1936.40 level .Presently it is running in resistance area so it can be sold with stop loss 1937 expecting downside targets towards 1884 level.Last wave 5 pattern is going on and wave 4 completed or near to completion and last last wave 5 should complete below 1884 level.
QUICK FUNDAMENTAL LOOK
Gold prices edged lower on Friday as the U.S. dollar reclaimed a 2-1/2 month peak, but the metal was headed for its best week in six ahead of a speech by Federal Reserve Chair Jerome Powell that could offer clues on the interest rate outlook.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.