XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in positive trend and stop loss is 2353 level . It can rise towards 2432 level .Intraday purpose buying is better with stop loss 2353 level expecting intraday targets 2410 , 2413 and 2418 levels respectively .Support area is 2372 to 2384 level . Wave 5 of last impulse was extended and its starting point is 2432 level , now gold can rise towards wave 5 starting point 2432 level .
QUICK FUNDAMENTAL LOOK
Gold eased toward $2,400 per ounce on Wednesday after rising more than 1% in the previous session, as markets braced for upcoming monetary policy decisions from major central banks.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.