As you can see on the Gold XAUUSD chart, The price has reached a significant support level and it's possible that it forms a double bottom pattern and pushes the price higher to the trendline. In the lower time frame based on the minor levels we can look for breakout patterns or pullbacks to open the trade for the TPs. On the dollar index ( DXY ) the reversal pattern hasn't formed yet so this analysis 60% can be correct.
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Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Articles and content on this group are for Trading Education purposes only and do not constitute investment recommendations or advice.
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🏆Spot signals for more than 100 Crypto pairs
⭐️Futures signals for more then 44 Crypto pairs
💰Forex signals for more than 28 Pairs
t.me/pullbacksignal