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Forex Market Daily Technical Analysis of GOLD (XAU)

Daily Pivot Point of GOLD (XAU) Chart in 30M Time Frame is: 3947 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 3947 with first target at 3870 and second target at 3852 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 3947 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 3996
  • Resistance Level 2: 3978
  • Resistance Level 1: 3947

Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:

  • Support Level 1: 3870
  • Support Level 2: 3852
  • Support Level 3: —

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 3947 with first target at 3870 and second target at 3852 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 3947 with first target at 3978 and second target at 3996 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of GOLD (XAU)

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