Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 180.34 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 180.34 with first target at 180.59 and second target at 181.27 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8572 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8572 with first target at 0.8543 and second target at 0.8535 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 210.64 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 210.64 with first target at 211.55 and second target at 212.14 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.589 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.589 with first target at 0.585 and second target at 0.5839 in extension as take profits.

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 180.34 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 180.34 with first target at 180.59 and second target at 181.27 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8572 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8572 with first target at 0.8543 and second target at 0.8535 in extension as take profits.