XAUUSD ON A BULLISH TREND PARALLEL

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XAUUSD Good Afternoon trader, my idea for DOGEUSDT. 2H on 17/01/2025.

I think this pair is strong bullish, but i have 2 opinion about this pair ;
1. XAUUSD will bounce up and break the parallel trend to chase the price at 2,743.75 and create support at the price of 2,702
2. XAUUSD will continue to fall after passing Fibonacci 0.618 at the price of 2,699.07 and looking for new support in the 2,691-2,699 price area before continuing the bullish trend.

Lets discuss about this, comment on below
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Note
Sorry there's a wrong pair that i wrote, it's not DOGEUSDT, it's XAUUSD

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