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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