Technical analysis XAUUSD for 19.04.2022
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 1973.50. The closest resistance is the level 1982.75
Key levels
- 1994.00, 1982.75, 1973.00, 1963.00, 1953.00, 1942.50, 1932.00
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1973.00, with Take Profit of 1982.75 and Stop Loss of 1967.90
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1963.00, with Take Profit of 1953.00 and Stop Loss of 1973.00
Scenario
Recommendation
BUY LIMIT
Entry Point
1973.00
Take Profit
1982.75
Stop Loss
1967.90
Key Levels
1994.00, 1982.75, 1973.00, 1963.00, 1953.00, 1942.50, 1932.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
1963.00
Take Profit
1953.00
Stop Loss
1973.00
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.