GOLD - Retest the Blue Base, Then Higher? 📈🪙

[theSignalyst]

XAUUSD has been overall bullish on the 4H, climbing within an ascending channel. After the latest push, price is pulling back and eyeing the blue structure zone.

This area is key . It lines up with the rising trendline and dynamic MA—clean confluence for dip buyers. If the base holds, I’ll look for continuation toward the channel top next, eyeing 3,800 first, then 3,860–3,900 .

If the blue zone fails and price closes below the trendline, I’ll step aside and reassess a deeper pullback before looking for fresh longs .

What’s your move — buy the retest at the blue zone or wait for a fresh break back above mid-channel?

️ 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