FX.co ★ XAUUSD D1 | Bouncing off 1st support?

The XAU/USD chart currently has bullish momentum, with the potential for a bullish continuation towards the 1st resistance level. The 1st resistance level at 1893.08 is identified as a pullback resistance while the 1st support level at 1805.08 is noted as an overlap support that coincides with a confluence of Fibonacci levels i.e. the 61.80% retracement and the 61.80% projection levels.