📈 XAUUSD 4H – Bullish Outlook (Trend Channel)
🟣 Current Price: $3,363
Gold is respecting an ascending channel with:
Clear higher highs and higher lows
Retesting the lower trendline support of the channel
Showing potential for a bullish bounce
🟢 Support Zone (Buy Area)
Trendline Support: ~$3,336 – $3,340
Clean historical respect (3 touchpoints marked)
This zone aligns with the lower boundary of the rising channel
➡️ Expecting buyers to step in here
➡️ Good area for long entries if bullish confirmation appears
🎯 Upside Target
Immediate Target: $3,415
Mid-channel resistance level
Possible area of profit-taking on short-term long positions
Extended Target: ~$3,436 (top of channel)
If momentum continues, this could be tested again
🛑 Invalidation / Bearish Breakout Risk
A break below the rising trendline (~$3,340) could shift bias to bearish
Watch closely for rejection wicks and candle closes below that zone
✅ Summary
Setup Bullish Bounce Expected
Entry Zone $3,336 – $3,342
Target 1 $3,415
Target 2 $3,440
Stop Loss Below $3,330 (trendline invalidation)
Would you like me to prepare a full trade setup or mark this on a clean chart image for clarity?
🟣 Current Price: $3,363
Gold is respecting an ascending channel with:
Clear higher highs and higher lows
Retesting the lower trendline support of the channel
Showing potential for a bullish bounce
🟢 Support Zone (Buy Area)
Trendline Support: ~$3,336 – $3,340
Clean historical respect (3 touchpoints marked)
This zone aligns with the lower boundary of the rising channel
➡️ Expecting buyers to step in here
➡️ Good area for long entries if bullish confirmation appears
🎯 Upside Target
Immediate Target: $3,415
Mid-channel resistance level
Possible area of profit-taking on short-term long positions
Extended Target: ~$3,436 (top of channel)
If momentum continues, this could be tested again
🛑 Invalidation / Bearish Breakout Risk
A break below the rising trendline (~$3,340) could shift bias to bearish
Watch closely for rejection wicks and candle closes below that zone
✅ Summary
Setup Bullish Bounce Expected
Entry Zone $3,336 – $3,342
Target 1 $3,415
Target 2 $3,440
Stop Loss Below $3,330 (trendline invalidation)
Would you like me to prepare a full trade setup or mark this on a clean chart image for clarity?
Join me On Telegram
t.me/+ljZOrmYoIKg2NTY0
Gold Trading Signals 🚀 99%
t.me/+jn3XFiRWJII3ZDA0
Join My Recommended Broker, Link
👇
World Best Broker Exness ✅
one.exnesstrack.org/a/4xctfcub9x
t.me/+ljZOrmYoIKg2NTY0
Gold Trading Signals 🚀 99%
t.me/+jn3XFiRWJII3ZDA0
Join My Recommended Broker, Link
👇
World Best Broker Exness ✅
one.exnesstrack.org/a/4xctfcub9x
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join me On Telegram
t.me/+ljZOrmYoIKg2NTY0
Gold Trading Signals 🚀 99%
t.me/+jn3XFiRWJII3ZDA0
Join My Recommended Broker, Link
👇
World Best Broker Exness ✅
one.exnesstrack.org/a/4xctfcub9x
t.me/+ljZOrmYoIKg2NTY0
Gold Trading Signals 🚀 99%
t.me/+jn3XFiRWJII3ZDA0
Join My Recommended Broker, Link
👇
World Best Broker Exness ✅
one.exnesstrack.org/a/4xctfcub9x
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.