XAUUSD Ascending Triangle Pattern
XAU is currently in ascending triangle pattern which in my opinion will break through upside first and go to test the downtrend trend line (blue). if it does what I think then longing at breakout retest would be a good idea, stop loss at around 2019 and take profit at around 2033 which is a good 1 to 3 RRR. You can partially close position at 2033 if you want and see if it breaks the trend line which I think is very likely due to the hidden bullish divergence on daily timeframe.
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