Day: August 4, 2023

TitleXAUUSD H4 | Bounce off major pullback support level? TypeBullish Bounce Preference:Price is approaching our pivot point at 1929.28. This pivot point is curcial, as it has just tapped the 27.2% fibo expansion, and possibly drop further to the 61.8% fibo retracement and 78.6% fibo projection major support level. We could see price rise to […]

TitleGBPUSD H4 | Bullish bounce off pivot point? TypeBullish Bounce Preference:Price is approaching our pivot point at 1.2677, which is an overlap support level, right above the 100% fibo projection. Price could bounce off this overlap support and rise to the 1st resistance at 1.2752, which is at the 38.2% fibo retracement level. Alternative scenario:If […]