After the recent correction, XAUUSD has once again reacted positively at the ascending trendline that has repeatedly supported price. Each test of the trendline has attracted buying interest, showing that buyers are still defending the short-term bullish structure and have not allowed sellers to take control.

What stands out is that price is consolidating just above the support area and the trendline, creating a base before a potential continuation higher. As long as this zone remains intact, the probability of a move toward the 4,090 resistance area remains high.

In the short term, I favor the scenario where XAUUSD continues to hold above the ascending trendline and recovers toward the 4,090 target. A loss of the current support zone and the trendline would weaken the bullish structure and invalidate this outlook.

This is only my personal view based on technical analysis. Wishing you successful trading!