Technical analysis XAUUSD for 22.02.2022
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 1895. The closest resistance is the level 1908
Key levels
- 1957, 1943, 1927, 1908, 1895, 1887, 1879, 1865, 1850
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1908, with Take Profit of 1927 and Stop Loss of 1895
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 1887, with Take Profit of 1865 and Stop Loss of 1895
Scenario
Recommendation
BUY LIMIT
Entry Point
1908
Take Profit
1927
Stop Loss
1895
Key Levels
1957, 1943, 1927, 1908, 1895, 1887, 1879, 1865, 1850
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
1887
Take Profit
1865
Stop Loss
1895
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.