Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 186.62 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 186.62 with first target at 185.84 and second target at 185.63 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8546 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8546 with first target at 0.8515 and second target at 0.8507 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5808 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.5808 with first target at 0.577 and second target at 0.576 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.4054 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.4054 with first target at 1.4092 and second target at 1.41 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.7021 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.7021 with first target at 0.6977 and second target at 0.6966 in extension as take profits.