Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 5125 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: 5290
- Resistance Level 1: 5235
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 5125
- Support Level 2: 5090
- Support Level 3: 5045
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 5125 with first target at 5235 and second target at 5290 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 5125 with first target at 5090 and second target at 5045 in extension as take profits
