FOREXIR

XAUUSD

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

📣 Looking at the 1-hour timeframe, the price is in an upward trend. With a breakout above the internal downtrend line within the 2001 range, one can have a bullish outlook towards price growth to the 2015 range.

⛔ Stop Loss: 1989

On the other hand, with a breakdown below the 1989 range, one can consider selling with a target of 1975.

⛔ Stop Loss: 1993
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.