Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3560 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3560 with first target at 1.3590 and second target at 1.3605 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8470 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8470 with first target at 0.8505 and second target at 0.8525 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 142.90 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 142.90 with first target at 144.00 and second target at 144.70 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3100 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3100 with first target at 1.3055 and second target at 1.3020 in extension as take profits.

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 158.69 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 158.69 with first target at 156.95 and second target at 156.44 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8446 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8446 with first target at 0.8403 and second target at 0.8391 in extension as take profits.