DXY: Healthy Pullback From Key Order Block U.S. Dollar Currency IndexTVC:DXYmnmabroukw36ixπ DXY: Healthy Pullback From Key Order Block π π The Pulse: The DXY is reacting to a major order block after printing a new 52 week high. π The first support to watch is the Fibonacci 38.2% level at 100.6. π― The second key support is the Fibonacci 50% level and a major order block at 100.18. π‘οΈ A deeper pullback could extend toward the strong support at 99.5 and the rising trend line. π This correction is constructive for gold, as a cooling DXY typically provides room for precious metals to recover. π‘ π§± The Key Structural Boundaries π‘οΈ First Support, 100.6. The Fibonacci 38.2% retracement level. π‘οΈ Second Support, 100.18. A major order block aligned with the Fibonacci 50% retracement. π‘οΈ Major Support, 99.5. A strong support level that also aligns with the rising trend line. π Trend Structure. The broader bullish trend remains intact while the rising trend line holds. π― The Verdict The current pullback looks healthy after an extended rally. A controlled decline in the DXY would be supportive for gold prices. The longer term bullish trend remains intact unless the rising trend line is lost. --- If you like my insights, follow and boost! πππ π $15 TradingView Discount: π https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈπ€