XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in positive trend and stop loss is 2470 level . It can rise towards 2700 level in short term .Intraday purpose buying is better with stop loss 2470 level expecting intraday targets 2513, 2516 and 2520 levels respectively . Strong support area is 2474 to2496 level .
QUICK FUNDAMENTAL LOOK
Gold rose toward $2,520 per ounce on Wednesday, remaining close to a record high hit in the previous session as investors awaited the latest FOMC minutes due later in the day that could provide crucial insights into the Federal Reserve's monetary policy direction.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.