Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 185.47 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 185.47 with first target at 184.97 and second target at 184.84 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8558 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8558 with first target at 0.8579 and second target at 0.8584 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 216.72 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 216.72 with first target at 216.1 and second target at 215.94 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5923 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.5923 with first target at 0.5885 and second target at 0.5874 in extension as take profits.

Daily Pivot Point of USD/CAD Chart in 30M Time Frame is: 1.3863 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 1.3863 with first target at 1.3925 and second target at 1.3939 in extension as take profits.

Daily Pivot Point of AUD/USD Chart in 30M Time Frame is: 0.72 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.72 with first target at 0.715 and second target at 0.714 in extension as take profits.