1)Investors are eagerly waiting for Jay Powells Speech which will change the direction of the market.
2) Us New Home sales are forecasted at 575000
3) Richmond Manufacturing Index is forecasted at 0 and show no improvement or decrease
4) Flash Services PMI has been lower and not meeting expected value
Price Range for fundamental
For support : 1677.84 to 1736.24
For resistance : 1750 to 1761.90
xauusd : Trend is Bearish
Technical Analysis
1) Support area is between 1711.53 to 1717.11
2) Resistance area is between 1755.97 to 1758.41
Seek for Buy opportunity , entry at lower timeframe as 1 min, to enter for Buy confirmation
based on your own technical analysis.
xauusd :Trend is Bullish.
Sources from Investing.com and Forexfactory.com
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