Technical analysis XAUUSD for 14.01.2022
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1820. The closest resistance is the level 1840
Key levels
- 1862.5, 1840, 1820, 1800, 1780, 1760, 1740
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1820, with Take Profit of 1840 and Stop Loss of 1800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1800, with Take Profit of 1780 and Stop Loss of 1820
Scenario
Recommendation
BUY LIMIT
Entry Point
1820
Take Profit
1840
Stop Loss
1800
Key Levels
1862.5, 1840, 1820, 1800, 1780, 1760, 1740
Alternative scenario
Recommendation
SELL STOP
Entry Point
1800
Take Profit
1780
Stop Loss
1820
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.