XAUUSD! H4 | Potential for bullish continuation!


XAUUSD! H4 | Potential for bullish continuation!

With price moving above our ichimoku cloud , we may see a rise from our pivot of 1879 in line with the horizontal swing overlap support and 23.6% Fibonacci retracement to 1st resistance of 1934 in line with the -61.8% Fibonacci expansion level. Alternatively, price may break pivot structure and head for 1st support at 1855 in line with the 50% Fibonacci retracement and horizontal overlap support.


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