XAUUSD — 4,550 Holds, 4,945 Opens?

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XAUUSD — 4,550 Holds, 4,945 Opens?

Gold is now trading inside a strong bullish recovery channel after breaking away from the old bearish structure.

The market has already shifted from accumulation into expansion, and price is now holding around 4,600.

The trend is clearly bullish.

But after a strong move, the best plan is still not to chase the candle.

The simple read

Gold is currently moving above the buy trendline area.

As long as price holds above the 4,535 - 4,550 support zone, buyers still have control.

The next important upside area is 4,739 - 4,773.

This zone can act as the first major resistance / liquidity reaction area.

If gold breaks and holds above 4,773, the higher Fibonacci resistance around 4,945 becomes the next major target zone.

But if price fails to hold the trendline support, a deeper retest can appear first.

The main support below remains around 4,300 - 4,330.

Key price zones

Current price area: 4,590 - 4,610

Buy trendline support: 4,535 - 4,550

Strong support zone: 4,300 - 4,330

First resistance / liquidity zone: 4,739 - 4,773

Fibonacci resistance target: 4,945

Bullish continuation improves above: 4,773

Short-term structure weakens below: 4,535

Trading plan

Bullish continuation scenario

If gold holds above 4,535 - 4,550:

The bullish channel remains active.

Price may continue toward 4,739 - 4,773.

If buyers break that resistance with confirmation, the next upside target becomes 4,945.

Pullback buy scenario

If gold pulls back from the current area:

I will watch the buy trendline zone first.

A clean reaction from 4,535 - 4,550 may support another continuation move.

I do not want to buy emotionally in the middle of the channel.

Resistance reaction scenario

If gold reaches 4,739 - 4,773:

I will watch price action carefully.

This is a major resistance / liquidity area, so the market may slow down or create a short-term rejection.

No rejection = no forced sell.

Tiara’s View

Gold is bullish, but discipline still matters.

The market is moving inside a strong upward channel, and the next big question is whether buyers can keep defending the trendline.

4,535 - 4,550 is the support to protect.

4,739 - 4,773 is the next resistance test.

4,945 is the higher Fibonacci target if momentum stays strong.

The clean plan is simple:

Do not chase the top.

Wait for support reaction.

Or wait for resistance breakout confirmation.

Reaction first.

Confirmation second.

Trade last.

No confirmation = no trade.

Do you think gold can continue toward 4,773 and 4,945, or will the market retest the buy trendline first?

Disclaimer

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