XAUUSD is forming a bullish structure above the confluence of the downward trendline and horizontal support at 3,310. A strong impulse move followed by a triangle consolidation hints at an emerging continuation pattern, with buyers preparing for another leg higher. Price is currently approaching a key decision zone where previous support and diagonal confluence intersect, creating a launchpad scenario. If price confirms support above 3,311, a rebound toward the 3,356–3,382 zone becomes likely.📉 Key Levels
- Buy trigger: Rebound from 3,310–3,320
- Buy zone: 3,300–3,315
- Target: 3,356 and potentially 3,380
- Invalidation: Break and close below 3,250
💡 Risks
- Breakdown below the support zone may trigger extended retracement
- False breakout through triangle resistance without volume
- Sudden volatility from macroeconomic catalysts (e.g., Fed comments or CPI data)
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
Priced bounced off support zone and go up 
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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.