FOREXIR

XAUUSD

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

📣 Upon reviewing the 1-hour timeframe, in the event of a breakout above the upper boundary of the ascending channel in the range of 2055, there is an optimistic outlook for price growth towards the 2070 range.

⛔ Stop-Loss: 2040

On the other hand, in the case of a breakdown below the 2040 range, one can consider initiating a sell with a target of 2025.

⛔ Stop-Loss: 2055
Trade closed: target reached

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