Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.2155 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.2155 with first target at 1.2120 and second target at 1.2110 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3520 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3520 with first target at 1.3465 and second target at 1.3445 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.9175 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.9175 with first target at 0.9225 and second target at 0.9245 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6335 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6335 with first target at 0.6390 and second target at 0.6415 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 149.55 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 149.55 with first target at 149.10 and second target at 148.95 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.0530 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.0530 with first target at 1.0485 and second target at 1.0465 in extension as take profits.