The XAUUSD is about to breakout the major support zone, highlighted on the chart, which will lead it to 1050.46, with 1057.62 as a primary objective.
Bouncing around 1066.07, will send it back towards 1076.01. Breaking out 1076.01 will send it to 1086.04, with 1080.34 as a primary objective.
So there the risk of having the double bottom rejected can be taken to open a short position with at least 1057.62 in PT, and 1076.01 in SL.
The double bottom has 1125.39 as an objective, should the XAUUSD breakout 1086.04.
The daily Pivot Point is around 1070.70. The daily Support Levels are around 1064.55 and 1060.22. The daily resistance levels are around 1075.03 and 1081.18.