Technical analysis XAUUSD for 01.04.2022
01.04.2022 17:19
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument consolidates at the bottom of the cloud. The closest support is the level 1915.00. The closest resistance is the level 1935.00
Key levels
- 2070.00, 2033.00, 2002.00, 1974.00, 1951.00, 1935.00, 1915.00, 1905.00,1879.00-
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 1935.00, with Take Profit of 1915.00 and Stop Loss of 1951.00
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 1915.00, with Take Profit of 1935.00 and Stop Loss of 1905.00
Scenario
Recommendation
SELL LIMIT
Entry Point
1935.00
Take Profit
1915.00
Stop Loss
1951.00
Key Levels
2070.00, 2033.00, 2002.00, 1974.00, 1951.00, 1935.00, 1915.00, 1905.00,1879.00-
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
1915.00
Take Profit
1935.00
Stop Loss
1905.00