$XAUUSD – Gold’s Golden Retest? ✨👑

[theSignalyst]

Gold continues to trade within a rising blue channel, maintaining its overall bullish structure.

Currently, price is retesting the intersection between the lower blue trendline and the red structure zone, which has acted as strong support multiple times.

As long as this confluence area holds, I’ll be looking for trend-following longs targeting the upper boundary of the channel.
A break and close below this zone would temporarily pause the bullish momentum and open room for a deeper correction.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

[jacson4]

That level looks critical — if gold retests cleanly, we could see a strong reversal setup.

[kelson10]

Gold has been teasing this zone for weeks. A confirmed bounce here would be pure textbook.