XAUUSD H4 | Potential bearish breakout

TitleXAUUSD H4 | Potential bearish breakoutTypeBearish BreakoutPreference:XAUUSD could break out of the pivot at 2064.042, the multi-swing low support, and could fall to the 1st support at 2037.288, the overlap support level.Alternative scenario:The price could potentially rise to the 1st resistance at 2090.795, the swing-high resistance level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.