#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
📣 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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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.
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.