XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in negative trend and stop loss is 2435 level . It can fall towards 2395 level sharply and non stop because wave 3 is going on .Intraday purpose selling is better with stop loss 2435 level expecting intraday targets 2406 , 2403 and 2400 levels respectively .
QUICK FUNDAMENTAL LOOK
Gold prices edged higher on Monday, aided by a softer dollar and expectations of a U.S. interest rate cut, while spotlight shifted to economic data for more clues on the Federal Reserve's monetary policy path.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.