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FX.co ★ XAUUSD H4 | Falling to support level?

XAUUSD H4 | Falling to support level?

XAUUSD H4 | Falling to support level?

XAU/USD indicates bearish momentum, possibly continuing to the 1st support at 1904.44, aligned with a pullback support (23.60% Fibonacci Retracement). The 2nd support at 1885.88 is also a pullback support (38.20% Fibonacci Retracement). Resistance includes the 1st at 1932.45 (swing high) and the 2nd at 1947.38 (swing high).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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