TitleXAUUSD H4 I Falling to support level?TypeBearish ReversalPreference:The price is rising toward our pivot point of 1976, which serves as a pullback resistance. A reversal from this point could lead the price to drop to the 1st support at 1944, an overlapping support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 2004, which also serves as a 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.
