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TheBlackSilk

XAU/USD Weekly Triangle

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
TheBlackSilk  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
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.
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