XAU/USD continues to follow a bullish structure within an upward channel, forming impulse legs followed by measured pullbacks. The third test of the $4,380 resistance increases the likelihood of a breakout toward $4,450.
As long as price holds above the $4,250–$4,270 support zone, buyers remain in control. Momentum stays constructive, backed by higher lows and repeated rebounds from the trendline base.
As long as price holds above the $4,250–$4,270 support zone, buyers remain in control. Momentum stays constructive, backed by higher lows and repeated rebounds from the trendline base.
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Website - rtedinvesting.com/
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
Free Telegram Channel - t.me/rtedinvestingofficialfreechannel
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.