Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 155.47 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 155.47 with first target at 156.51 and second target at 156.79 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8579 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8579 with first target at 0.8550 and second target at 0.8541 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 181.45 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 181.45 with first target at 182.66 and second target at 182.99 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.6172 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.6172 with first target at 0.6112 and second target at 0.6095 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3605 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3605 with first target at 1.3550 and second target at 1.3535 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6590 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6590 with first target at 0.6625 and second target at 0.6645 in extension as take profits.