Technical analysis XAUUSD for 21.12.2022
21.12.2022 16:21
Intraday
Technical
The Tenkan-sen line is located above 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 ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1811.50. The closest resistance is the level 1822.25
Key levels
- 1836.00, 1822.25, 1811.50, 1800.00, 1785.50
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1822.25, with Take Profit of 1836.00 and Stop Loss of 1811.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1811.50, with Take Profit of 1800.00 and Stop Loss of 1822.25
Scenario
Recommendation
BUY STOP
Entry Point
1822.25
Take Profit
1836.00
Stop Loss
1811.50
Key Levels
1836.00, 1822.25, 1811.50, 1800.00, 1785.50
Alternative scenario
Recommendation
SELL STOP
Entry Point
1811.50
Take Profit
1800.00
Stop Loss
1822.25