XAUUSD Day | Potential bullish reversal?

TitleXAUUSD Day | Potential bullish reversal?TypeBullish BouncePreference:The price is falling toward our pivot point of 1808.344, which serves as a swing low support level. A bounce from this point could lead the price to rise to the 1st resistance at 1883.766, a pullback resistance.Alternative scenario:However, if the price breaks below the pivot, it might decline to the 1st support at 1761.108 also a pullback 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.