XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD completed or near to completion whole impulse and its last wave 5 is in extension zone .So it has maximum limit is 1785 level and it can bounce above 1846 level above sharply. Overall it can start rally for 2100 level very soon and 1710 is important level and it is also very high possibility that without touch 1710 it can rally for 2100 directly .
QUICK FUNDAMENTAL LOOK
Gold edged higher on Thursday, set to end its eight-session-long losing streak, last seen around the same time in 2016, as U.S. bond yields and the dollar retreated from recent highs ahead of a keenly awaited non-farm payrolls report this week.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.