XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in extended zone and wave 5 has has maximum limit generally 2530 level . So it has chances to fall towards 2392 level without touch 2530 level . Intraday purpose selling is better with stop loss 2530 expecting targets 2468,2464 and 2460 levels respectively .
QUICK FUNDAMENTAL LOOK
Gold prices jumped to an all-time peak on Wednesday, driven by mounting hopes of a U.S. interest rate cut in September after recent comments from Federal Reserve officials.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.