XAUUSD H1
If gold could breakout the descending channel and it is highly likely to send gold up to 1850/54, failing which, it may continue to fall.
Trade active
Boom, gold broke the descending trendline and go straight to 1840 which is higher than the previous high of 1836. So next possible target of 1850/54 is still active and breaking this level will send gold higher to 1865Trade closed: target reached
Gold target hit.Trade closed: target reached
Go go Gold, 1865 target hit!
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.