Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 179.92 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 179.92 with first target at 177.73 and second target at 177.32 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8563 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8563 with first target at 0.8583 and second target at 0.8587 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 208.06 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 208.06 with first target at 209.97 and second target at 210.41 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5748 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.5748 with first target at 0.5693 and second target at 0.5683 in extension as take profits.

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 179.92 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 179.92 with first target at 177.73 and second target at 177.32 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8563 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.8563 with first target at 0.8583 and second target at 0.8587 in extension as take profits.