Gold Futures (GC1!) H4 | Potential Bullish Reversal

Type:

Bullish Reversal

Key Levels:

Resistance: 2563

Pivot: 2532.7

Support: 3511.9

Preferred Case:

Looking at the H4 chart, my overall bias for Gold futures (GC1!) is bullish due to a strong bullish momentum. The price could rise towards the 1st Resistance at 2563

Alternative Scenario:

Price may fall below the Pivot and drop towards the 1st support at 2511.9