OANDA:XAUUSD   Gold Spot / U.S. Dollar

1. xauusd short @ 1951: This means you are initiating a short position (selling) on the XAU/USD pair at a price of 1951.

2. target 1941: Your target for this trade is set at a price of 1941. This indicates that you expect the price of XAU/USD to decline, and you plan to close your position and take profits if the price reaches 1941.

3. stop @ 1955: You have set a stop loss order at a price of 1955. A stop loss order is used to limit potential losses by automatically closing the position if the price moves against your trade. In this case, if the price of XAU/USD rises to 1955, your position will be closed to prevent further losses.

4. Cause - 1-hour resistance breakout and reversal: This indicates the reason for your trade. You are basing your decision on the assumption that there was a breakout above a resistance level on the XAU/USD chart, followed by a reversal. This could suggest that the price might continue to fall after the breakout, leading you to take a short position.

Please note that trading involves risk, and it's important to conduct thorough analysis and consider multiple factors before making any trading decisions. It's also advisable to consult with a financial professional or use reliable trading tools to make informed choices.

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