Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4574 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: 4630
- Resistance Level 1: 4610
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 4574
- Support Level 2: 4555
- Support Level 3: 4530
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 4574 with first target at 4610 and second target at 4630 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 4574 with first target at 4555 and second target at 4530 in extension as take profits
