What is Pullback Explanation?

The xauusd price does not move upward or downward in a straight line. Instead the xauusd price moves up or down in a zigzag pattern setup called a trend

Upwards trend - the xauusd price moves up-wards in a trend then it retraces before resuming the up-wards trend direction

Downward trend - the xauusd price moves downwards in trend direction & then retraces before resuming the downwards trend direction.

What Does Gold Trading Pullback Mean? A price pullback is a retracement of the xauusd price before the xauusd market resumes the original trend movement.

Gold Trading Pullback Explanation & Gold Trading Pullback Definition - Example of a Pullback Pattern

What is Trading Pullback Meaning? - What Does Pullback Mean?

Explanation of Pullback Pattern

1-2: Price Moves Up - Trend Direction

2-3: Price Pull-back

3-4: Price Moves Up - Trend Direction

4-5: Price Pull-back

5-6: Price Moves Up - Trend Direction

The pullback definition of price is explained on the xauusd above example - this trading pullback represents a xauusd price pullback in an up-ward xauusd trend.

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