Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 1938.00 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1961.00
- Resistance Level 2: 1955.00
- Resistance Level 1: 1949.00
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 1938.00
- Support Level 2: 1931.00
- Support Level 3: 1926.00
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1938.00 with first target at 1949.00 and second target at 1955.00 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1938.00 with first target at 1931.00 and second target at 1926.00 in extension as take profits