Technical analysis XAUUSD for 30.06.2022
30.06.2022 18:11
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1798.50. The closest resistance is the level 1807.25
Key levels
- 1832, 1823.25, 1815.50, 1807.25, 1798.50, 1789.25
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 1807.25, with Take Profit of 1798.50 and Stop Loss of 1815.5
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1815.5, with Take Profit of 1823.25 and Stop Loss of 1811.5
Scenario
Recommendation
SELL LIMIT
Entry Point
1807.25
Take Profit
1798.50
Stop Loss
1815.5
Key Levels
1832, 1823.25, 1815.50, 1807.25, 1798.50, 1789.25
Alternative scenario
Recommendation
BUY STOP
Entry Point
1815.5
Take Profit
1823.25
Stop Loss
1811.5