GOING LONG IN XAUUSD

I am taking a long position in the Gold pair because it created a new Higher Low (HL) after Higher High (HH) also according to the fib tool it takes a retracement of 0.236 level.
It also makes an AB=CD Harmonic Pattern so hopefully, it will make a new Higher High (HH) by creating a CD Pattern with the same length as AB
It also creates an Elliot Wave Cycle as a 0 to 1 Point is formed and from Point 1 to Point 2 it takes a 0.236 retracement now it will pump again to make a new Point which is 3