XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD running in positive trend and its immediate strong support are 2712 to 2730 level . Stop loss is 2700 level and it can rise above 2770 level in form of wave 5 .Intraday purpose buying is better for targets 2735,2738 and 2742 levels respectively with stop loss 2700 level.
📊 QUICK FUNDAMENTAL LOOK
Gold slipped below $2,730 per ounce on Monday, pressured by a decreased appeal for safe-haven assets following Israeli strikes on Iran over the weekend, which were more restrained than anticipated.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .