Technical analysis XAUUSD for 28.06.2022
28.06.2022 08:59
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1832.00. The closest support is the level 1818.00
Key levels
- 1848.00, 1841.00, 1832.00, 1818.00, 1812.00, 1802.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1832.00, with Take Profit of 1841.00 and Stop Loss of 1825.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1818.00, with Take Profit of 1812.00 and Stop Loss of 1825.00
Scenario
Recommendation
BUY STOP
Entry Point
1832.00
Take Profit
1841.00
Stop Loss
1825.00
Key Levels
1848.00, 1841.00, 1832.00, 1818.00, 1812.00, 1802.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
1818.00
Take Profit
1812.00
Stop Loss
1825.00