Technical analysis XAUUSD for 04.07.2022

04.07.2022 08:47
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1808.00. The closest resistance is the level 1815.50

Key levels

  • 1832, 1823.25, 1815.50, 1808.00, 1798.50, 1789.25

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1808.00, with Take Profit of 1798.50 and Stop Loss of 1815.5

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1815.5, with Take Profit of 1823.25 and Stop Loss of 1808.00
Guión
Recomendación
SELL STOP

Punto de entrada
1808.00

Take Profit
1798.50

Stop Loss
1815.5

Niveles clave
1832, 1823.25, 1815.50, 1808.00, 1798.50, 1789.25
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1815.5

Take Profit
1823.25

Stop Loss
1808.00