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The U.S. Dollar Index failed to break above 100.4, retraced to the 50% level on the one-hour timeframe at its lowest point, and then continued to rebound. Therefore, as long as it cannot rise above 100.4, the low of its next pullback should be lower than that of this pullback. In other words, as long as it fails to hold above 100.4, the U.S. Dollar Index will move sideways to the downside.
Conversely, gold’s pullback levels will become increasingly higher each time. As long as it fails to hold firmly above 100.4, gold will move in a sideways-to-upward pattern.$XAUUSD