Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3975 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3975 with first target at 1.3925 and second target at 1.3900 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6405 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6405 with first target at 0.6440 and second target at 0.6460 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8370 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8370 with first target at 0.8325 and second target at 0.8300 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 145.70 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 145.70 with first target at 144.70 and second target at 144.20 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3280 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3280 with first target at 1.3330 and second target at 1.3360 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1185 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.1185 with first target at 1.1225 and second target at 1.1245 in extension as take profits.