XAUUSD Day | Bounce off support level?
TitleXAUUSD Day | Bounce off support level?TypeBullish BouncePreference:Price has just bounced off our pivot point of 1888.375 which is a pullback support level that. A bounce off from here, price could rise to 1st resistance at 1905.552 which is a pullback resistance level that aligns with 23.6% Fibo Retracement.Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1871.54 which is a pullback support levelTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
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