Technical analysis XAUUSD for 07.10.2022
07.10.2022 07:53
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 1711. The closest resistance is the level 1705
Key levels
- 1730.50, 1721, 1711, 1705, 1696.50, 1685
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1711, with Take Profit of 1721 and Stop Loss of 1705
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1705, with Take Profit of 1696.50 and Stop Loss of 1711
Guión
Recomendación
BUY STOP
Punto de entrada
1711
Take Profit
1721
Stop Loss
1705
Niveles clave
1730.50, 1721, 1711, 1705, 1696.50, 1685
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1705
Take Profit
1696.50
Stop Loss
1711