Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 177.56 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 177.56 with first target at 176.26 and second target at 175.88 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8439 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8439 with first target at 0.846 and second target at 0.8466 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 209.77 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 209.77 with first target at 208.45 and second target at 208.08 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5591 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.5591 with first target at 0.5621 and second target at 0.5629 in extension as take profits.

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 177.56 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 177.56 with first target at 176.26 and second target at 175.88 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8439 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8439 with first target at 0.846 and second target at 0.8466 in extension as take profits.