Technical analysis XAUUSD for 14.06.2022
14.06.2022 09:03
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1828. The closest resistance is the level 1837
Key levels
- 1867, 1849, 1837, 1828, 1819, 1807, 1790
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 1807 and Stop Loss of 1837
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1837, with Take Profit of 1849 and Stop Loss of 1828
Scenario
Recommendation
SELL
Entry Point
Take Profit
1807
Stop Loss
1837
Key Levels
1867, 1849, 1837, 1828, 1819, 1807, 1790
Alternative scenario
Recommendation
BUY STOP
Entry Point
1837
Take Profit
1849
Stop Loss
1828