OANDA:XAUUSD   Gold Spot / U.S. Dollar
#GOLD - H1

📣 Taking a look at the 1-hour timeframe, with the breakdown of the uptrend in the range of 2028, a price decline towards the 2017 range is expected.

⛔ Stop-loss: 2037

On the other hand, breaking above the 2037 range could trigger a buying opportunity with a target of 2050.

⛔ Stop-loss: 2028
Trade closed: target reached

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