XAUUSD is retracing into the 4,190–4,200 support band after an extended bullish run within the upward channel. The broader structure remains firmly bullish, with higher lows and higher highs forming along the rising trendline and each dip being absorbed by buyers. Price is now testing zone below the previous-day low, creating a classic buy pullback setup inside a continuation trend.If
GOLD stabilizes above the trendline and reclaims intraday momentum, the next upside rotation could drive the metal toward the 4,290 resistance shelf, aligned with the higher boundary of the channel. Maintaining support above 4,190 keeps the bullish sequence intact and favors further acceleration.➡️ Primary scenario: pullback holds above 4,190 → continuation toward 4,290.
⚠️ Risk scenario: a clean break below channel exposes 4,100 and delays bullish continuation.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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XAUUSD continues to respect the upward channel, with the latest rejection from the trendline confirming that buyers are still defending structure. The market is pulling back into the 4,180–4,190 support, an area that previously acted as the launch point for the higher high formed near the resistance zone. Current price action shows stabilization after the pullback channel, hinting that bullish momentum may soon re-emerge.If buyers hold this level, it could attempt another drive toward 4,270, aligning with the upper boundary of the resistance. A clean bounce from the trendline would signal continuation of the broader bullish trend.
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3JIGE2j
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: bit.ly/3JIGE2j
🌎WebSite: lingrid.org
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.