Technical analysis XAUUSD for 28.02.2022
28.02.2022 10:00
Intraday
Technical
The Tenkan-sen line is located below 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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 1885. The closest resistance is the level 1921
Key levels
- 1986, 1956, 1921, 1885, 1858, 1837, 1818, 1787
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1885, with Take Profit of 1921 and Stop Loss of 1858
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1858, with Take Profit of 1837 and Stop Loss of 1875
Scenario
Recommendation
BUY LIMIT
Entry Point
1885
Take Profit
1921
Stop Loss
1858
Key Levels
1986, 1956, 1921, 1885, 1858, 1837, 1818, 1787
Alternative scenario
Recommendation
SELL STOP
Entry Point
1858
Take Profit
1837
Stop Loss
1875