Technical analysis XAUUSD for 30.03.2022
30.03.2022 11:12
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1935.95. The closest support is the level 1922.40
Key levels
- 1946.95, 1935.95, 1922.40, 1910.15, 1897.45, 1885.65
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1922.40, with Take Profit of 1910.15 and Stop Loss of 1934.00
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1935.95, with Take Profit of 1946.95 and Stop Loss of 1926.40
Scenario
Recommendation
SELL STOP
Entry Point
1922.40
Take Profit
1910.15
Stop Loss
1934.00
Key Levels
1946.95, 1935.95, 1922.40, 1910.15, 1897.45, 1885.65
Alternative scenario
Recommendation
BUY STOP
Entry Point
1935.95
Take Profit
1946.95
Stop Loss
1926.40