Gold continues to trade within a well-defined ascending channel on the 15-minute timeframe. Price has created a sequence of higher highs and higher lows, showing that the short-term structure remains constructive.

The current price is around 4342, while the rising trendline and the highlighted 4300–4305 zone provide important technical support. Price is currently consolidating after the recent upward move, so the reaction around these levels will be important for the next phase.

Key Levels

Support:

4320
4300–4305
4220 major support

Resistance:

4360
4380
4420
4440
Reference Targets
Target 1: 4360
Target 2: 4380
Target 3: 4420
Target 4: 4440
Technical Scenario

If price continues respecting the rising channel and moves above the recent high, the higher resistance levels may come into focus.