Technical analysis XAUUSD for 24.02.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 support is the level 1927. The closest resistance is the level 1943
Key levels
- 1975, 1957, 1943, 1927, 1908, 1895, 1887, 1879, 1865, 1850
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1927, with Take Profit of 1943 and Stop Loss of 1908
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 1957, with Take Profit of 1927 and Stop Loss of 1975