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 

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.