XAUUSD H4 I Potential Bearish Reversal?

TitleXAUUSD H4 I Potential Bearish Reversal?TypeBullish BouncePreference:Price has just bounced off our pivot point of 1910.321 which is an overlap support that aligns with the 127.2% Fibo extension. A bounce off from here, price could push to 1st resistance at 1919.214 which is just below the 61.8% Fibo retracement.Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1895.619 which is a swing low support leve.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.