XAUUSD is rebounding from key structure support after forming a double-leg corrective move inside an expanding triangle. Price has reclaimed the 3,324 zone, aligning with the trendline and support confluence, suggesting a short-term bullish bias. If this rebound sustains, gold could retest the 3,380 barrier before eyeing the 3,450 resistance ceiling. A rejection from mid-levels would reintroduce downside pressure toward the 3,246 zone.📈 Key Levels
- Buy zone: 3,320–3,330
- Sell trigger: break below 3,324
- Target: 3,450
- Buy trigger: strong candle close above 3,380
💡 Risks
- Weak volume could stall upside continuation
- Failure to hold the trendline may drag price toward 3,246
- Broader resistance zone between 3,380–3,450 could limit upside momentum
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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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.