XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in negative trend and stop loss is 2448 level . It can fall towards 2414 level sharply and non stop because wave 3 is going on .Intraday purpose selling is better with stop loss 2448 level expecting intraday targets 2423 , 2420 and 2415 levels respectively .
QUICK FUNDAMENTAL LOOK
Gold prices slipped on Friday, but were on track for a fourth straight weekly gain as expectations that the Federal Reserve will cut interest rates in September lifted bullion's appeal.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.