Technical analysis XAUUSD for 18.02.2022
18.02.2022 10:38
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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. The closest support is the level 1885.50. The closest resistance is the level 1900
Key levels
- 1912.1900. 1885.50, 1871, 1851.50, 1835, 1821.50, 1809.50, 1792
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1885.50, with Take Profit of 1900 and Stop Loss of 1871
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1871, with Take Profit of 1851.50 and Stop Loss of 1885.50
Scenario
Recommendation
BUY LIMIT
Entry Point
1885.50
Take Profit
1900
Stop Loss
1871
Key Levels
1912.1900. 1885.50, 1871, 1851.50, 1835, 1821.50, 1809.50, 1792
Alternative scenario
Recommendation
SELL STOP
Entry Point
1871
Take Profit
1851.50
Stop Loss
1885.50