xauusd
Updated
#GOLD - H1
Upon analyzing the 1-hour timeframe, with the break of the uptrend line around 2026, there is an expectation for price decline towards the 2015 range.
⛔ Stop Loss: 2035
On the other hand, breaking the 2035 range could lead to a buying opportunity with a target of 2046.
⛔ Stop Loss: 2026
Upon analyzing the 1-hour timeframe, with the break of the uptrend line around 2026, there is an expectation for price decline towards the 2015 range.
⛔ Stop Loss: 2035
On the other hand, breaking the 2035 range could lead to a buying opportunity with a target of 2046.
⛔ Stop Loss: 2026
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.