failathon

False breakout on Weekly?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
5
Weekly view shows a descending triangle .. but looks a bit more like a false breakout

Closer view (4hr + 10m) shows 1200 as a major support line to see whether this idea has any legs or not

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.