XAUUSD H1 | Bearish reversal?

TitleXAUUSD H1 | Bearish reversal?TypeBearish DropPreference:Price is currently at our pivot point of 2031, which serves as an overlap resistance level. A reversal from this point could lead the price to drop to the 1st support at 2008, a pullback support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 2061, a pullback resistance levelTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *