Technical analysis XAUUSD for 19.04.2022
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