XAUUSD

After multiple rejections to the downside, Gold looks to be in a decisive moment as price is moving in a triangle pattern. I will wait to see if a break to the upside will happen then we can expect price to go and retest the neckline of the M pattern from the Daily timeframe.
This is strictly for educational purpose, taking a trade off this setup should only be done if the rules of your own personal strategy are obeyed completely.