Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3750 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3750 with first target at 1.3775 and second target at 1.3790 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6720 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6720 with first target at 0.6760 and second target at 0.6775 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8585 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8585 with first target at 0.8545 and second target at 0.8530 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 148.70 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 148.70 with first target at 149.30 and second target at 149.55 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3045 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3045 with first target at 1.3095 and second target at 1.3110 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.0930 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.0930 with first target at 1.0955 and second target at 1.0970 in extension as take profits.