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

📣 Looking at the 1-hour timeframe, with the breakdown of the bottom of the ascending channel in the range of 2171, we anticipate a decline in price towards the range of 2155.

⛔ Stop Loss: 2185

On the other hand, with the breakout of the range 2185, one can consider buying with a target of 2200.

⛔ Stop Loss: 2171
Trade closed: target reached

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