Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4530 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: —
- Resistance Level 2: 4620
- Resistance Level 1: 4589
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 4530
- Support Level 2: 4510
- Support Level 3: 4490
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 4530 with first target at 4589 and second target at 4620 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 4530 with first target at 4510 and second target at 4490 in extension as take profits
