Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8105 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8105 with first target at 0.8150 and second target at 0.8185 in extension as take profits.

Daily Pivot Point of USD/CHF Chart in 30M Time Frame is: 0.8105 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8105 with first target at 0.8150 and second target at 0.8185 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4140 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.4140 with first target at 1.4060 and second target at 1.4020 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.6950 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.6950 with first target at 0.6925 and second target at 0.6910 in extension as take profits.

Daily Pivot Point of USD/JPY Chart in 30M Time Frame is: 162.00 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 162.00 with first target at 162.70 and second target at 162.90 in extension as take profits.

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3390 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3390 with first target at 1.3340 and second target at 1.3320 in extension as take profits.