Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 1993.00 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 2007.00
- Resistance Level 2: 2000.00
- Resistance Level 1: 1993.00
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 1978.00
- Support Level 2: 1970.00
- Support Level 3: 1962.00
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1993.00 with first target at 1978.00 and second target at 1970.00 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1993.00 with first target at 2000.00 and second target at 2007.00 in extension as take profits