1) U.S. Gross Domestic Product (GDP) QoQ is forecasted between -0.7 to -0.8.
2) U.S. Core PCE Price Index MoM is forecasted 0.3% lower than
the previous 0.6%.
3) Unemployment claims for US is forecasted at 253000 compared to 250000
The trend is still Bearish as we would wait for more confirmation on the news tommorrow by Jay Powell.
XAUUSD : Range for fundamental is 1750 -1776
XAUUSD: Trend is Bearish.
1) Support area is between 1749 -1758
2) Resistance is between 1767 to 1776
XAUUSD : Check Daily time frame based on the support area and resistance area given.
Seek for sell or buy opportunity , entry at lower timeframe to enter for self confirmation or based on your own technical analysis understanding.
Sources from Investing.com and Forexfactory.com
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