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

📣 Looking at the 1-hour timeframe, with the breakout of the resistance level around 2074, it is possible to consider a buy trade with a target at 2090.

⛔ Stop loss: 2055

On the other hand, with the breakdown of the range at 2055, it is possible to consider a sell trade with a target at 2045.

⛔ Stop loss: 2074
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.