XAUUSD H4 I Bullish Bounce
Title
XAUUSD H4 I Bullish Bounce
Type
Bullish Bounce
Preference:
Price is falling toward the pivot point of 2365 a pullback support level. A bounce from this level could lead the price to rise to 1st resistance at 2395, a swing-high resistance level that aligns with the 161.8% Fibo extension.
Alternative scenario:
If the price breaks below the pivot, it could fall to 1st support at 2326, a multi-swing low support level
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