FOREXIR

XAUUSD

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

📣 Upon analyzing the 1-hour timeframe, with the breakout of the ascending channel ceiling around 2018, there is an optimistic outlook for price growth towards the 2030 range.

⛔ Stop-loss: 2006

On the other hand, with a breakdown below the 2006 range, there is a potential opportunity for selling with a target at 1995.

⛔ Stop-loss: 2018
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.