Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 5145 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: 5275
- Resistance Level 1: 5235
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 5145
- Support Level 2: 5120
- Support Level 3: 5090
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 5145 with first target at 5235 and second target at 5275 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 5145 with first target at 5120 and second target at 5090 in extension as take profits
