Technical analysis XAUUSD for 19.05.2022

19.05.2022 09:20
Intradía
Técnico

The Tenkan-sen line is located above 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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1809.60. The closest resistance is the level 1829.55

Key levels

  • 1910.00, 1881.50, 1864.20, 1849.10, 1829.55, 1820.65, 1809.60, 1786.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1829.55, with Take Profit of 1849.10 and Stop Loss of 1820.65

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1809.60, with Take Profit of 1786.00 and Stop Loss of 1820.65
Guión
Recomendación
BUY STOP

Punto de entrada
1829.55

Take Profit
1849.10

Stop Loss
1820.65

Niveles clave
1910.00, 1881.50, 1864.20, 1849.10, 1829.55, 1820.65, 1809.60, 1786.00
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1809.60

Take Profit
1786.00

Stop Loss
1820.65