OANDA:XAUUSD   Guld / USA-dollar
confluence - RWH touched of previous week , and consolidated/distributed for like 1 week straight, mark down divergence in (4 hours TF and daily TF!!) , got a big stop hunt in us brinks - Thursday (second leg of the M) , a lot of 4 hours stopping volume coming at the top , broke this M pattern and touched the RDL (mean we have completed level 1 of this M pattern (1 hour TF)) , we have completed 3 levels in 15 min cycle so we are expecting a retrace to 1 hour 50 ema with 3 levels to the up side on mon-tue and m pattern on wed as mid week reversal which is align with non-farm news , we are ending week below the psy and formed type 3 london pattern today + 4 hours TDI starting to expand to the downside after this consolidation
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