Technical analysis XAUUSD for 27.11.2024
27.11.2024 05:44
Intraday
Technical
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 ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 2615.04. The closest resistance is the level 2644.69
Key levels
2593.93, 2615.04, 2644.69, 2665.47, 2716.44
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 2615.04, with Take Profit of 2716.44 and Stop Loss of 2593.93
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 2665.47, with Take Profit of 2593.93 and Stop Loss of 2716.44
Scenario
Recommendation
BUY LIMIT
Entry Point
2615.04
Take Profit
2716.44
Stop Loss
2593.93
Key Levels
2593.93, 2615.04, 2644.69, 2665.47, 2716.44
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
2665.47
Take Profit
2593.93
Stop Loss
2716.44