Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4062 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: 4112
- Resistance Level 2: 4093
- Resistance Level 1: 4062
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 3996
- Support Level 2: 3978
- Support Level 3: —
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 4062 with first target at 3996 and second target at 3978 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 4062 with first target at 4093 and second target at 4112 in extension as take profits
