Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4800 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: 4853
- Resistance Level 1: 4838
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 4800
- Support Level 2: 4785
- Support Level 3: 4770
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 4800 with first target at 4838 and second target at 4853 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 4800 with first target at 4785 and second target at 4770 in extension as take profits
