Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4960 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: —
- Resistance Level 2: 5080
- Resistance Level 1: 5045
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 4960
- Support Level 2: 4940
- Support Level 3: 4905
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 4960 with first target at 5045 and second target at 5080 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 4960 with first target at 4940 and second target at 4905 in extension as take profits
