Technical analysis XAUUSD for 14.02.2022
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 1846. The closest resistance is the level 1858
Key levels
- 1875, 1867, 1858, 1846, 1835, 1826, 1818, 1808, 1798, 1787
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1858, with Take Profit of 1867 and Stop Loss of 1852
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1846, with Take Profit of 1835 and Stop Loss of 1855