Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 185.35 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 185.35 with first target at 186.07 and second target at 186.24 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8569 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8569 with first target at 0.8589 and second target at 0.8594 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 216.93 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 216.93 with first target at 215.88 and second target at 215.58 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5976 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.5976 with first target at 0.5935 and second target at 0.5924 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3842 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3842 with first target at 1.3895 and second target at 1.3909 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.7154 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.7154 with first target at 0.7203 and second target at 0.7214 in extension as take profits.