M Pattern on XAUUSD

This is very tricky. still it is interesting to note that on the weekly we are bullish, on the daily also we are bullish. So all we can just do is wait for a buying opportunity to go long. After the M pattern we wait for the retest on the neckline and then that complete the standard impulse correction impulse pattern.

This is not a financial advise and make sure to make good use of good risk management!!!