The price perfectly fulfilled my last idea . 
XAUUSD rebounded strongly from the 3244 support area, breaking above the downward trendline and pushing into the mid-resistance band. The price is currently testing 3353 and could pull back slightly before retesting the 3388 key resistance level. A sustained breakout above that red trendline would open the door for a run toward 3450.
📈 Key Levels
💡 Risks
XAUUSD rebounded strongly from the 3244 support area, breaking above the downward trendline and pushing into the mid-resistance band. The price is currently testing 3353 and could pull back slightly before retesting the 3388 key resistance level. A sustained breakout above that red trendline would open the door for a run toward 3450.📈 Key Levels
- Buy zone: 3312–3330 (post-breakout retest area)
- Sell trigger: break below 3312 and close under trendline
- Target: 3388 with potential extension to 3450
- Buy trigger: confirmed bullish bounce from 3312 and momentum above 3353
💡 Risks
- Resistance at 3388 may cause rejection if volume fades
- Downward trendline remains a structural cap unless fully broken
- False breakout could return price back to 3244 zone quickly
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Trade active
XAUUSD has formed a solid rebound from the confluence of the upward trendline and major support at 3,330. Price action is now consolidating just above this level, suggesting the potential for a bullish continuation if the zone holds. The short-term retracement could retest 3320-3330 again before a push toward the resistance ceiling at 3,395.
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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.