XAUUSD: Rising Support Holds — Liquidity Above

Sep 6

🔹 XAUUSD remains in a broader bullish market structure, with price respecting a rising trendline and forming higher swing points from the August lows. The recent pullback from the 4,480–4,500 resistance area has brought price back toward the highlighted 4,300 support zone, where the trendline has previously attracted buyers. Above the market, the 4,650–4,700 region is marked as a potential liquidity area and remains an important resistance zone. Current price action suggests consolidation between support and resistance while traders assess the next structural move.

🔸 If XAUUSD holds the 4,300 support and the rising trendline, a bullish reaction could develop, potentially bringing price back toward the upper resistance and liquidity area if confirmed by stronger price action. Traders may wait for confirmation before considering any trade. Conversely, a clear break below the highlighted support and trendline could weaken the current bullish structure and expose price to a deeper correction. This XAUUSD technical analysis remains focused on price action, market structure, support, resistance, breakout, and liquidity.

This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.

Sep 7

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