Technical analysis XAUUSD for 06.03.2023

06.03.2023 17:16
Intradía
Técnico

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 trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1856.30. The closest support is the level 1844.50

Key levels

  • 1866.70, 1862.10, 1856.30, 1844.50, 1836.50, 1828.10

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1856.30, with Take Profit of 1862.10 and Stop Loss of 1850.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1844.50, with Take Profit of 1836.50 and Stop Loss of 1850.00
Guión
Recomendación
BUY STOP

Punto de entrada
1856.30

Take Profit
1862.10

Stop Loss
1850.00

Niveles clave
1866.70, 1862.10, 1856.30, 1844.50, 1836.50, 1828.10
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1844.50

Take Profit
1836.50

Stop Loss
1850.00