XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in positive trend and its immediate strong support area 2350 to 2364 level .Stop loss for buying is 2340 level and It can rise upside for 2450 level in form of wave 5 .Wave 3 is going on which can take gold towards 2450 level non stop and sharp .
QUICK FUNDAMENTAL LOOK
Gold prices dropped by 0.98% , driven by profit-taking after soft U.S. jobs data spurred prices to a one-month high on rising expectations that the Federal Reserve might cut interest rates in September.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.