TitleXAUUSD Day | Reacting off a pullback resistance?TypeBearish ReversalPreference:Wait for the price to pullback to our pivot point at 1885.032, which serves as a pullback resistance level. A reversal from this point could potentially lead the price to decline to the 1st support level at 1812.821, identified as a swing low supportAlternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 1925.67To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
