Gold Spot / U.S. Dollar
Long
Updated

Selena | XAUUSD · 2H – Bullish Channel Structure Holding

1 273
XAUUSD XAUUSD
Selena | XAUUSD · 2H – Bullish Compression Inside Ascending Chan

After a strong impulsive rally, price consolidated within mid-channel structure and absorbed supply. The breakout above 5,100 followed by a controlled pullback suggests accumulation rather than distribution. As long as price holds above the flip zone, continuation toward upper channel liquidity remains favored.

Key Scenarios

✅ Bullish Case 🚀
• Hold above 5,080
• Maintain structure above channel support
• 🎯 Target 1: 5,200
• 🎯 Target 2: 5,350
• 🎯 Target 3: 5,500+

❌ Bearish Case 📉
• Break below 5,000
• 🎯 Target 1: 4,920
• 🎯 Target 2: 4,800
• 🎯 Target 3: 4,600
Selena | XAUUSD · 2H – Resistance Flip Inside Ascending Channel

Current Levels to Watch
Resistance 🔴: 5,200
Major Resistance 🔴: 5,350 – 5,500
Support 🟢: 5,080 – 5,120

⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice
Trade active
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Active running
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STRONG ZONE OF CONSOLIDATION ONCE IT BREAKS WE LL GO ALONG GREAT MOVE

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