Technical analysis XAUUSD for 20.07.2022

20.07.2022 08:40
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 1702.75. The closest resistance is the level 1713.50

Key levels

  • 1735.25, 1723.50, 1713.50, 1702.75, 1688.00

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1713.50, with Take Profit of 1702.75 and Stop Loss of 1723.50

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1723.50, with Take Profit of 1735.25 and Stop Loss of 1713.50
Senario
Syor
SELL LIMIT

Titik Entri
1713.50

Take Profit
1702.75

Stop Loss
1723.50

Level utama
1735.25, 1723.50, 1713.50, 1702.75, 1688.00
Senario pilihan
Syor
BUY STOP

Titik Entri
1723.50

Take Profit
1735.25

Stop Loss
1713.50