XAUUSD H4 | Bearish Drop
Title
XAUUSD H4 | Bearish Drop
Type
Bullish Breakout
Preference:
Waiting for the price to pullback at the pivot point of 2377, a pullback resistance. A drop from this level could lead the price to fall to 1st support at 2342, an overlap support level
Alternative scenario:
If the price breaks above the pivot, it could rise to 1st resistance at 2400, a multi swing-high resistance
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