Title
XAUUSD H4 | Potential bullish reversal
Type
Bullish Bounce
Preference:
There is a recent swing low at our pivot point which the price could potentially reverse from this level and could push up to our 1st resistance level
Alternative scenario:
If the price were to break from the pivot point, it could go down to our 1st support level
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.