Technical analysis XAUUSD for 22.12.2022
22.12.2022 16:24
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1807. The closest resistance is the level 1796
Key levels
- 1838, 1823, 1807, 1796, 1780
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1807, with Take Profit of 1823 and Stop Loss of 1796
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1796, with Take Profit of 1780 and Stop Loss of 1807
Scenario
Recommendation
BUY STOP
Entry Point
1807
Take Profit
1823
Stop Loss
1796
Key Levels
1838, 1823, 1807, 1796, 1780
Alternative scenario
Recommendation
SELL STOP
Entry Point
1796
Take Profit
1780
Stop Loss
1807