XAUTUSDT SPOT
Long

XAU/USD: Holding Channel Support as Bulls Regain Momentum

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XAU/USD has rebounded from the lower boundary of the upward channel, holding above the $3,900 support level and maintaining its bullish structure. A higher low has formed following a wedge correction, suggesting renewed buying pressure.

A sustained move above the $3,905–$3,950 zone could open the path toward $4,135. Momentum remains positive, with buyers continuing to defend key support within the broader ascending trend.

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