Technical analysis XAUUSD for 03.08.2022

03.08.2022 09:04
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1759.35. The closest resistance is the level 1780.35

Key levels

  • 1804.50, 1780.35, 1759.35, 1732.00, 1690.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1780.35, with Take Profit of 1804.50 and Stop Loss of 1759.35

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1759.35, with Take Profit of 1732.00 and Stop Loss of 1780.35
Guión
Recomendación
BUY STOP

Punto de entrada
1780.35

Take Profit
1804.50

Stop Loss
1759.35

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

Punto de entrada
1759.35

Take Profit
1732.00

Stop Loss
1780.35