Technical analysis XAUUSD for 26.09.2024

Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart

The Tenkan-sen line is located below 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

Key levels

2471, 2542, 2642, 2685, 2722

Scenario
Recommendation
BUY LIMIT

Entry Point
2642

Take Profit
2722

Stop Loss
2542

Key Levels
2471, 2542, 2642, 2685, 2722
Alternative scenario
Recommendation
SELL LIMIT

Entry Point
2685

Take Profit
2542

Stop Loss
2722
Nikolai Krishtopov
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.