XAUUSD TECHNICAL ANALYSIS SHORT TERM VIEW
XAUUSD have immediate support 2906 to 2916 level and expecting target above 2943 with stop loss 2900 level . Overall stop loss is 2800 and gold can rise towards 3100 dollar . Intraday purpose buying is better in gold with stop loss 2900 expecting intraday targets 2940,2943 and 2946 respectively .
QUICK FUNDAMENTAL LOOK
Gold inched higher to almost $2,938 per ounce on Friday, reaming at record high level and heading toward a seventh consecutive weekly gain, on weaker dollar and as investors were analysing recent developments on US trade tariffs and interest rates.
👨🏻🏫POC = Risk is a part of trading, use caution when placing orders and take market advice only into account