Buy pull back on Gold ( Double bottom reversal)

*I am not a financial expert , always try to understand market structure & make your own data based analysis & prediction. Always use a reasonable stop loss under or above structure and risk only 3% of account per trade. It’s better to loss and see another day , than to risk it all on 1 trade. Stay patient.

Here on gold price has pulled back and corrected on price to find support on a lower price. There seems to be a level of support found for price to use to continue upward. Getting in at very bottom of pull back and setting your stop loss below the level of structure gives you a strong opportunity to position yourself to catch the reversal move and follow the buyer momentum to a new higher high.