Technical analysis XAUUSD for 08.07.2022

08.07.2022 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 corrected to the Tenkan-se line. The closest support is the level 1732.00. The closest resistance is the level 1759.35

Key levels

  • 1875.50, 1830.00, 1804.50, 1780.35, 1759.35, 1732.00, 1690.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1759.35, with Take Profit of 1804.50 and Stop Loss of 1732.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1732.00, with Take Profit of 1690.00 and Stop Loss of 1759.35
Guión
Recomendación
BUY STOP

Punto de entrada
1759.35

Take Profit
1804.50

Stop Loss
1732.00

Niveles clave
1875.50, 1830.00, 1804.50, 1780.35, 1759.35, 1732.00, 1690.00
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1732.00

Take Profit
1690.00

Stop Loss
1759.35