Technical analysis XAUUSD for 30.12.2021
30.12.2021 16:50
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1800. The closest resistance is the level 1820
Key levels
- 1875, 1840, 1820, 1800, 1780, 1760, 1740
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1800, with Take Profit of 1780 and Stop Loss of 1820
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1820, with Take Profit of 1840 and Stop Loss of 1800
Scenario
Recommendation
SELL STOP
Entry Point
1800
Take Profit
1780
Stop Loss
1820
Key Levels
1875, 1840, 1820, 1800, 1780, 1760, 1740
Alternative scenario
Recommendation
BUY STOP
Entry Point
1820
Take Profit
1840
Stop Loss
1800