AUUSD → Buyers Defend Structure, Upside Continuation in FocusHello everyone,
Gold is continuing to trade with a constructive tone, and the current structure suggests the bullish trend remains intact. From a macro perspective, the U.S. dollar has softened slightly while Treasury yields have stabilized , reducing downside pressure on non-yielding assets like gold. In an environment where investors remain cautious but not risk-off, gold continues to benefit from its role as both a hedge and a momentum asset .
From a technical standpoint on the H1 chart, price action is clearly supportive of further upside . Gold broke out of a bullish flag pattern after a strong impulsive move , then successfully respected the rising trendline on the pullback . This behavior signals healthy consolidation rather than weakness , with buyers stepping in at higher levels and maintaining control of the broader move.
As long as price holds above the trendline support, the bullish structure remains valid . A continuation above recent highs would open the door toward the 4,385 area, with extension potential toward 4,458 if momentum accelerates. Only a decisive break below the trendline would call for reassessing this bullish outlook .
In summary, XAUUSD is showing a well-organized uptrend supported by both structure and sentiment . Patience and discipline remain key, as the market appears to be positioning for the next leg higher rather than signaling exhaustion .
Wishing you clear judgment, disciplined risk management, and sustainable trading performance.
