XAUUUSD LONG PROJECTION

XAUUSD BUY PROJECTION

Technical and fundamental Reason for the XAUUSD LONG

1. Last week friday 1d candle closed above the support region of 1710 and denotes the bullish monemtum

2. single candle confirmation indicates bullish as it formed teh Inverted Bullish hammer (Bullish move continued)

3. Formed teh Triangle flag patterna and push higher

Fundamental Reason

DXY reached the 20 year High and retest teh montly low of 108.00 in the following days as expexted

Overall Projection

XAUUSD/GOLD BUY @ 1710-1715

Stoploss - 1690
Target - 1769

Target and stoploss will vary according to the market change and it just an financial advive not a confirm call