Technical analysis XAUUSD for 25.11.2024
25.11.2024 19:44
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 2624. The closest resistance is the level 2635
Key levels
2614, 2624, 2635, 2643, 2650
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 2624, with Take Profit of 2650 and Stop Loss of 2614
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 2643, with Take Profit of 2614 and Stop Loss of 2650
Scenario
Recommendation
BUY LIMIT
Entry Point
2624
Take Profit
2650
Stop Loss
2614
Key Levels
2614, 2624, 2635, 2643, 2650
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
2643
Take Profit
2614
Stop Loss
2650