Market Analysis of XAUUSD on Tuesday 28 May 2024

2024-05-28 18:24Fonte:BtcDana

XAUUSD  TECHNICAL ANALYSIS SHORT TERM VIEW                                                            15 minute chart showing calculations it is running in positive trend and its immediate support area 2277 to 2336 level . It can rise towards 2450 level .Stop loss for buying is 2270 level and intraday targets are 2350 ,2255 and 2260 levels respectively .

 QUICK FUNDAMENTAL LOOK                                                                     

Gold prices held steady on Tuesday as the dollar eased, while investors looked forward to key U.S. inflation data that could offer clues on how soon the Federal Reserve can cut interest rates.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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