XAUUSD TECHNICAL UPDATE 📊🟡
• $Gold is maintaining a bullish market structure on higher timeframes
• Price is currently consolidating after an impulsive move up
• Recent pullbacks are showing healthy correction, not weakness
• Buyers are active near the demand zone, defending structure
Key Levels to Watch:
• Support: Previous demand / higher low zone
• Resistance: Recent swing high / liquidity zone
• A break and close above resistance could trigger continuation
• A loss of support may lead to deeper retracement before next move
Bias:
Bullish above support ⚠️
Neutral if price remains range-bound
Bearish only on clean structure break
Outlook:
Gold remains attractive as a safe-haven asset. Patience is key — wait for confirmation at major levels before entering trades.
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