Technical analysis XAUUSD for 23.09.2024

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines

Key levels

2481, 2520, 2556, 2595, 2631

Trading scenario

Recommended opening long positions (Buy Limit) from the level of 2601, with Take Profit of 2630 and Stop Loss of 2590