XAUUSD continues to ride an upward channel, recently rebounding from trendline support after a flag breakout. The price tested resistance near 3430 before pulling back slightly, forming a potential bullish retest setup. If the 3337 support holds, a continuation toward the 3430 zone remains in play.📈 Key Levels
- Buy zone: 3330–3340
- Buy trigger: bounce from channel support
- Target: 3430
- Sell trigger: close below 3330
💡 Risks
- Break below channel invalidates bullish structure
- Resistance at 3430 may cap upside
- Weaker momentum could trigger another flag-style retracement
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Trade active
GOLD is retesting the upper boundary of its support zone after a strong impulse leg failed to break the 3,410 resistance. A higher low near 3,342 and support from the upward channel suggest potential for a continuation rally. Bulls may regain control if price confirms above the previous local swing high.
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🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.