Technical analysis XAUUSD for 08.03.2022

08.03.2022 10:14
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 2002.00. The closest resistance is the level 2033.00

Key levels

  • 2070.00, 2033.00, 2002.00, 1974.50, 1951.00, 1935.00, 1915.00, 1879.00

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 2002.00, with Take Profit of 2033.00 and Stop Loss of 1974.50

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1974.50, with Take Profit of 1935.00 and Stop Loss of 2002.00
Guión
Recomendación
BUY LIMIT

Punto de entrada
2002.00

Take Profit
2033.00

Stop Loss
1974.50

Niveles clave
2070.00, 2033.00, 2002.00, 1974.50, 1951.00, 1935.00, 1915.00, 1879.00
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1974.50

Take Profit
1935.00

Stop Loss
2002.00