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 .5 minute chart calculations showing it can hit 2392.50 level in very short term .
QUICK FUNDAMENTAL LOOK
Gold rose near $2,375 per ounce on Thursday, rising for the third straight session, as investors await US CPI data due later today to seek cues on the Federal Reserve's timing and depth of interest rate cuts.
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