XAU/USD Weekly Triangle

GOLD Weekly Long Position. Using RSI we can see a hidden divergence (Chart - slightly higher low; indicator - lower low).
Take Profit around 1360 and Stop Loss under 1236.
Risk-Reward Ratio around 3.
NOTE: Consider a Stop Loss or a close of the position in case that the support break is followed with a full candle closed below the support price of 1236.
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian