Technical analysis XAUUSD for 16.06.2023

16.06.2023 18:09
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed 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 1957. The closest resistance is the level 1964

Key levels

  • 1977, 1971, 1964, 1957, 1953, 1947

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1957, with Take Profit of 1953 and Stop Loss of 1961

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1964, with Take Profit of 1971 and Stop Loss of 1957

Guión
Recomendación
SELL STOP

Punto de entrada
1957

Take Profit
1953

Stop Loss
1961

Niveles clave
1977, 1971, 1964, 1957, 1953, 1947
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1964

Take Profit
1971

Stop Loss
1957