Technical analysis XAUUSD for 14.04.2022
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 1963.00. The closest resistance is the level 1973.50
Key levels
- 1994.00, 1982.75, 1973.50, 1963.00, 1953.00, 1942.50, 1932.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1973.50, with Take Profit of 1982.75 and Stop Loss of 1965.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1963.00, with Take Profit of 1953.00 and Stop Loss of 1973.00