BTC $63,054.00 ▲ 0.04% ETH $1,855.23 ▼ 0.62% USDT $0.9992 ▲ 0.00% BNB $581.61 ▲ 0.61% XRP $1.08 ▲ 1.54% SOL $72.92 ▲ 0.08% DOGE $0.0701 ▲ 0.29% SHIB $0.00000501 ▲ 0.84% PEPE $0.00000289 ▲ 4.71% BTC $63,054.00 ▲ 0.04% ETH $1,855.23 ▼ 0.62% USDT $0.9992 ▲ 0.00% BNB $581.61 ▲ 0.61% XRP $1.08 ▲ 1.54% SOL $72.92 ▲ 0.08% DOGE $0.0701 ▲ 0.29% SHIB $0.00000501 ▲ 0.84% PEPE $0.00000289 ▲ 4.71%
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Piyasa

Gold (XAUUSD) | Trendline Retest and Bullish Recovery Scenario

Gold (XAUUSD) | Trendline Retest and Bullish Recovery Scenario

Gold OANDA:XAUUSD

On the 15-minute timeframe, Gold is trading near an important ascending trendline after completing a corrective move from the recent highs. Price is also attempting to build a higher low, suggesting buyers are still defending the broader structure.

The highlighted resistance around 4080-4085 remains the first area to watch. A sustained move above this zone could open the way for the next resistance levels.

Key Levels
Support: 4038-4042
Major Support: 3995-4000
Resistance 1: 4080-4085
Resistance 2: 4120
Resistance 3: 4180
Possible Scenario

If buyers continue protecting the trendline and price reclaims the resistance zone, the structure may favor a continuation toward higher levels. A rejection from resistance could instead lead to another test of support before the next directional move.

This analysis is based on current price structure, trendlines, and support/resistance zones and will remain valid while the market respects these levels.

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