XAUUSD H4 | Bullish Bounce
Title
XAUUSD H4 | Bullish Bounce
Type
Bullish Bounce
Preference:
Price is falling toward the pivot point of 2400.34, a pullback support. A bounce from this level could lead the price to rise to 1st resistance level at 2421, a swing-high resistance
Alternative scenario:
If the price breaks below the pivot, it could fall to 1st support at 2378.27, a multi-swing low support level
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