XAU/USD H4 I Falling toward support level?

TitleXAU/USD H4 I Falling toward support level?TypeBearish DropPreference:The price is currently at our pivot point of 2015.69, which serves as a multi-swing resistance level. A reverse from this point could lead the price to fall to the 1st support at 2005.98, an overlap support.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 2023.92, above the 161.8% Fibo extension.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.