Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 3934 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: —
- Resistance Level 2: 4069
- Resistance Level 1: 4049
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 3934
- Support Level 2: 3901
- Support Level 3: 3881
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 3934 with first target at 4049 and second target at 4069 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 3934 with first target at 3901 and second target at 3881 in extension as take profits
