Technical analysis XAUUSD for 11.05.2022

11.05.2022 09:03
Intradía
Técnico

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 support is the level 1835. The closest support is the level 1855

Key levels

  • 1920, 1880, 1855, 1835, 1815, 1790, 1755

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1835, with Take Profit of 1855 and Stop Loss of 1815

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1815, with Take Profit of 1790 and Stop Loss of 1835
Guión
Recomendación
BUY LIMIT

Punto de entrada
1835

Take Profit
1855

Stop Loss
1815

Niveles clave
1920, 1880, 1855, 1835, 1815, 1790, 1755
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1815

Take Profit
1790

Stop Loss
1835