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FOREXIR
Nov 6, 2023 9:48 AM

XAUUSD Short

GoldOANDA

Description

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#GOLD - H1

📣 Upon analyzing the 1-hour timeframe, with the break of the ascending trend in the 1979 range, we could expect a price decline towards the 1967 level.

â›” Stop Loss: 1988

On the other hand, with the break of the range at 1988, one could consider initiating a buy position with a target of 2000.

â›” Stop Loss: 1979

Trade closed: target reached

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