XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in negative trend and stop loss is 2475 level . It can fall towards 2353 level .Intraday purpose selling is better with stop loss 2475 level expecting intraday targets 2423, 2420 and2415 levels respectively . Strong resistance area is 2436 to2452 level .
QUICK FUNDAMENTAL LOOK
Gold held steady near $2,440 per ounce on Monday, staying close to record highs amid concerns about a US recession and increased expectations for a dovish pivot by the Federal Reserve following weak US economic data.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.