Technical analysis XAUUSD for 28.12.2021
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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. The closest support is the level 1803. The closest resistance is the level 1815
Key levels
- 1848, 1831, 1815, 1803, 1795, 1782, 1774, 1762
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 1803 and Stop Loss of 1818
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 1803, with Take Profit of 1815 and Stop Loss of 1795
Scenario
Recommendation
SELL
Entry Point
Take Profit
1803
Stop Loss
1818
Key Levels
1848, 1831, 1815, 1803, 1795, 1782, 1774, 1762
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
1803
Take Profit
1815
Stop Loss
1795
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.