Long gold at current price (1218) with a stoploss below 1200, which is Triangle base and mid-term support ( Gold has bounced back twice at this level. Also there are two price & divergences as shown on the chat by blue and red line. Also lower low made yesterday is within Band's lower band while the earlier low was outside it. It signals a turn back.
Comment: IF 1200 is broken it may test it's next low of 1050. RSI is making new lows but price is testing 1200 on the weekly chart. So it is creating a divergence. SO it is important to see how it plays out.