XAUUSD Bullish Channel Formation & Resistance Levels
Gold (XAUUSD) Maintains Bullish Structure Within Ascending Channel
Trend: Price is respecting an ascending channel, bouncing off key trendline support.
Support Zone: The red highlighted area (~$2,720) acted as a strong demand zone.
Key Touchpoints: Multiple bullish rejections at the lower trendline indicate continued buying interest.
Potential Scenarios: Price may continue upwards toward the upper channel boundary (~$2,820-$2,860), with possible retests of the mid-channel zone before further upside.
Invalidation: A break below the channel could lead to a bearish correction.
Overall, the bullish trend remains intact unless a significant breakdown occurs.
Trend: Price is respecting an ascending channel, bouncing off key trendline support.
Support Zone: The red highlighted area (~$2,720) acted as a strong demand zone.
Key Touchpoints: Multiple bullish rejections at the lower trendline indicate continued buying interest.
Potential Scenarios: Price may continue upwards toward the upper channel boundary (~$2,820-$2,860), with possible retests of the mid-channel zone before further upside.
Invalidation: A break below the channel could lead to a bearish correction.
Overall, the bullish trend remains intact unless a significant breakdown occurs.
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✅ Provide Gold And All Pair Signals
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✅ Account Management Service Available/Profit Share 50/50
t.me/+1KvvfleHL2c3NTlk
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/+1KvvfleHL2c3NTlk
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/+1KvvfleHL2c3NTlk
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