Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4191 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4191 with first target at 1.4140 and second target at 1.4129 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6935 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.6935 with first target at 0.6891 and second target at 0.6881 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 162.15 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 162.15 with first target at 162.63 and second target at 162.73 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3370 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3370 with first target at 1.3300 and second target at 1.3270 in extension as take profits.

Daily Pivot Point of EUR/USD Chart in 30M Time Frame is: 1.1430 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.1430 with first target at 1.1375 and second target at 1.1360 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4191 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4191 with first target at 1.4140 and second target at 1.4129 in extension as take profits.