XAUUSD Trend Structure & Key Levels Reaction
Gold is currently respecting a clean ascending trendline, showing strong bullish structure after a corrective pullback. Price has reacted precisely from a marked support zone, confirming buyer interest and trend continuation potential.
The current move is approaching a major resistance zone, where reactions are expected. A healthy bullish scenario involves a pullback toward support or the trendline before continuation. Alternatively, rejection from resistance may trigger a deeper retracement into demand.
This idea focuses purely on market structure, trend alignment, and key supply & demand zones.
Wait for confirmation and manage risk accordingly.
Educational & technical analysis only. Not financial advice.