XAUUSD Long: Channel Breakout Could Drive Price Higher To 4,450$

Hello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. XAUUSD previously traded inside an ascending channel before breaking higher and later forming a descending channel. Price then tested the Supply Zone near 4,450, where sellers rejected the upside before pulling back toward demand.

Currently, XAUUSD is trading below the 4,450 Supply Zone while holding above the 4,310 Demand Zone. The recent bounce from support suggests buyers are preparing for another move higher.

As long as XAUUSD remains above 4,310 and respects the current support structure, the bullish scenario remains valid. A continuation higher could target 4,450 (TP1). However, a break below 4,310 would weaken the bullish outlook. Manage your risk!

heniitrading

🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate

此外:

免責聲明

這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。

heniitrading

此外: