Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4585 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 4640
- Resistance Level 2: 4605
- Resistance Level 1: 4585
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 4510
- Support Level 2: 4480
- Support Level 3: —
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 4585 with first target at 4510 and second target at 4480 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 4585 with first target at 4605 and second target at 4640 in extension as take profits
