Lingrid | GOLD complex PULLBACK from RESISTANCE zone

2 767
XAUUSD is maintaining its structure above a key upward trendline after a higher low formed near support. The market remains technically bullish while staying above this level, with the recent pullback looking corrective rather than impulsive. Buyers may step in for a renewed attempt toward the upper resistance area. Watch for a bullish breakout continuation above 3,326 toward 3,380 if buyers hold the current support line.

📌 Key Levels
  • Support zone: 3,305.583 (upward trendline and structure base)
  • Breakout target: 3,380.000 (resistance ceiling of range)
  • Invalidation level: Below 3,304.696 (would negate bullish setup)

⚠️ Risks
  • Breakdown below trendline could trigger deeper correction
  • Price consolidation may reduce momentum short term
  • Rejection near 3,326 could signal fading bullish strength


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