XAUUSD is maintaining its bullish structure within an upward channel, where the price continues to create impulsive legs followed by controlled pullbacks. The third touch of the $4,380 resistance area suggests an increasing probability of a breakout continuation toward $4,450. As long as the $4,250–$4,270 support region holds, buyers remain in control of the broader trend. Momentum remains constructive, supported by higher lows and consistent rebounds from the trendline base.⚠️ Risks:
- Failure to hold $4,240 could invalidate the bullish setup.
- Strong CPI data may cap gold’s upside.
- A sudden drop in inflation expectations could weaken safe-haven demand.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
🥇 Gold & Forex market analysis
📊 Key levels, chart patterns & market scenarios
🛠 TradingView indicator + online technical analysis
👇 Explore the tools and follow my updates:
t.me/lingridchannel
📊 Key levels, chart patterns & market scenarios
🛠 TradingView indicator + online technical analysis
👇 Explore the tools and follow my updates:
t.me/lingridchannel
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🥇 Gold & Forex market analysis
📊 Key levels, chart patterns & market scenarios
🛠 TradingView indicator + online technical analysis
👇 Explore the tools and follow my updates:
t.me/lingridchannel
📊 Key levels, chart patterns & market scenarios
🛠 TradingView indicator + online technical analysis
👇 Explore the tools and follow my updates:
t.me/lingridchannel
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.