FX.co ★ XAUUSD, H4 | Potential react off resistance?

The XAU/USD (Gold) is currently displaying bullish momentum with potential for a rise from the first support level at 1937.30 towards the first resistance at 1952.59. Two key support levels are identified as 1937.30 and 1913.98, both serving as overlap support. The resistance levels are at 1952.59, corresponding to the 38.20% Fibonacci retracement, and a multi-swing high resistance at 1981.37. The RSI is showing bullish divergence, suggesting a possible rapid increase in gold prices.