Technical analysis XAUUSD for 13.02.2023
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 resistance is the level 1865.10. The closest support is the level 1846.60

Key levels
- 1885.80, 1876.20, 1865.10, 1846.60, 1835.20, 1825.40
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1865.10, with Take Profit of 1876.20 and Stop Loss of 1855.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1846.60, with Take Profit of 1835.20 and Stop Loss of 1855.00