Gold – Key Buying Zone at 3,090 for a Target of 3,157

Why is $3,090 a Great Buying Area?

Support within the Channel – The price has been respecting the lower boundary of the channel, and 3,090 aligns with this trend structure.
Volume Profile Confirmation – Visible volume accumulation around this level suggests it has strong support. Buyers previously stepped in here, making it a logical point for re-entry.
Trend Continuation Setup – The overall bullish structure remains intact, making pullbacks like 3,090 a low-risk buying area for continuation toward the target of 3,157.

Why Not Short Here?

The trend is clearly bullish, and there are no reversal signals.
Even if a pullback occurs, it should be seen as an opportunity to buy rather than an indication to short.
The price is approaching the upper boundary of the channel, but until clear bearish signals appear, betting against the trend is risky.

Conclusion
A pullback to 3,090 should be considered a buying opportunity for a move toward 3,157. As long as the price remains within the channel, the primary focus should be on buying dips rather than looking for short entries.