XAUUSD H4 | Bounce off support level?
TitleXAUUSD H4 | Bounce off support level?TypeBullish BouncePreference:Price has just bounced off our pivot point of 1936.814 which is a pullback support level that aligns with 50% Fibo retracement. A bounce off from here, price could push to 1st resistance at 1944.291Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1925.241 which is an overlap supportTo 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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