Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4093 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4093 with first target at 1.4013 and second target at 1.4 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6927 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.6927 with first target at 0.7007 and second target at 0.7018 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8203 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8203 with first target at 0.8125 and second target at 0.8113 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 163.86 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 163.86 with first target at 162.99 and second target at 162.83 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3285 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3285 with first target at 1.3407 and second target at 1.3428 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.139 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.139 with first target at 1.1479 and second target at 1.1493 in extension as take profits.