Gold Futures (GC1!) H4 | Potential Bullish Reversal
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