XAUUSD
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#GOLD - H1
📣 Upon analyzing the 1-hour timeframe, with the break of the ascending trend in the 1979 range, we could expect a price decline towards the 1967 level.
⛔ Stop Loss: 1988
On the other hand, with the break of the range at 1988, one could consider initiating a buy position with a target of 2000.
⛔ Stop Loss: 1979
📣 Upon analyzing the 1-hour timeframe, with the break of the ascending trend in the 1979 range, we could expect a price decline towards the 1967 level.
⛔ Stop Loss: 1988
On the other hand, with the break of the range at 1988, one could consider initiating a buy position with a target of 2000.
⛔ Stop Loss: 1979
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