XAUUSD H4 | Potential bearish breakout

BY admin admin

TitleXAUUSD H4 | Potential bearish breakoutTypeBearish BreakoutPreference:XAUUSD could break out of the pivot at 2064.042, the multi-swing low support, and could fall to the 1st support at 2037.288, the overlap support level.Alternative scenario:The price could potentially rise to the 1st resistance at 2090.795, the 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.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Data Demonstrating Precede Biosciences’ Ability to Determine HER2 Status from 1mL of Plasma to be Presented at the 2023 San Antonio Breast Cancer Symposium

<p>BOSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) — Precede Biosciences, a company impacting the development and use of precision medicines with a first-in-class liquid biopsy platform, announces

Forex

US Dollar erases gains as European session nears opening bell

The US Dollar (USD) drops back to flat as the the US session takes over on Monday, with all eyes on US inflation data later this week. Market participant

Forex

Unveiling the Hidden Dangers: What are the Risks of Prop Firms?

<img width="1520" height="800" src="https://www.alphaexcapital.com/wp-content/uploads/What-are-the-risks-of-prop-firms-Featured-Image.png" class="attachment-page-

Copyright © 2024 | WordPress Theme: Xews Lite