Technical analysis XAUUSD for 02.02.2022

02.02.2022 10:14
Intradía
Técnico

The Tenkan-sen line crosses bottom upward the Kijun-sen line. Both lines are directed downward. 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 support is the level 1780. The closest resistance is the level 1798.50

Key levels

  • 1853.00, 1835.00, 1827.00, 1817.00, 1808.00, 1798.50, 1780.00, 1760.00

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1780.00 and Stop Loss of 1808.00

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1808.00, with Take Profit of 1827.00 and Stop Loss of 1798.50
Guión
Recomendación
SELL

Punto de entrada

Take Profit
1780.00

Stop Loss
1808.00

Niveles clave
1853.00, 1835.00, 1827.00, 1817.00, 1808.00, 1798.50, 1780.00, 1760.00
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1808.00

Take Profit
1827.00

Stop Loss
1798.50