XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD has strong resistance 1931 to 1960 levels and it can fall towards 1917 levels without touch 1962 level .It looks like impulse is completed and now inner wave 5 in extension zone so without touch 1962 level gold can fall towards 1916 levels.Gold in still downtrend and can continue fall until this resistance area does not break.
QUICK FUNDAMENTAL LOOK
Gold prices were muted on Tuesday as investors awaited more cues on the health of the U.S. economy ahead of the Federal Reserve's meeting this month amid rising expectations for a pause in interest rate hikes.
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