PULLBACK

So what exactly is a pullback in Forex?

A pullback is where the traders retreat.
Get some more soldiers to storm the castle gate.
Best way to explain is to place the computer monitor on the coffee table.
On Wednesday, November 5, 2025, in the Asian session.
Gold has a strong support at the bottom around $3928.
Traders failed to break the support wall/fence.

So traders pullback to the Woodie Pivot indicator to get some more soldiers.
Gold traders tried again to break the firewall at the bottom but can't.

Traders now have to pullback to Woodie Resistance (1) indicator to get some more strong soldiers.
Woodie Resistance (1) is around Fibonacci 50% of the previous day.
So it's a good price to pullback.

If that fails, then traders have to pullback to the high-tower castle
of the Market Profile indicator to get some more supermen.

In the endgame, traders will try to break the bottom firewall around $3928 again.
But why should traders go downhill?
Because we already have a low on October 28, 2025, at around $3886.64.
Traders will try to break that low @ $3886.64.