Overview
Gold (1-hour timeframe) is consolidating near structural support above the rising trendline following a local pullback. Price action indicates a continuation setup targeting overhead resistance and liquidity zones
​Key Technical Highlights
​Trendline & Support Defense: Price has respected the ascending trendline support and is stabilizing near the 4,242 region after a minor correction
​Structural Objectives:
​Target: Upper supply zone near the 4,300+ level (marked with a projected path toward a weak high)
​Trading Plan / Setup
​Bias: Bullish (Buy / Long)
​Entry Zone: Around current levels / retest of trendline support (~4,242 - 4,250)
​Stop Loss (SL / Invalidation): Placed below structural support / demand zone (~4,210 - 4,220)
​Take Profit (TP): Scaled upward toward resistance near 4,300+
​Educational Disclaimer: This analysis is published for educational and informational purposes only and should not be construed as professional financial or investment advice. Trading CFDs and commodities involves substantial risk of loss and is not suitable for every investor. Always perform your own due diligence and manage your risk accordingly before executing any trades