Price Action:
After breaking out of the descending channel, XAUUSD has maintained a bullish market structure with higher lows, while the ascending trendline continues to provide support. Price is now approaching the key resistance zone around 4,150, an area that has repeatedly attracted selling pressure in the past.

As long as the price remains above the ascending trendline and buying interest emerges on pullbacks, the recovery is likely to continue toward a retest of the 4,150 resistance level.

Outlook:
The preferred strategy is to look for Buy opportunities if price pulls back to the ascending trendline and forms a bullish rejection signal.

The upside target is 4,150. This bullish scenario will be invalidated if XAUUSD breaks below and closes decisively under the ascending trendline, indicating that the short-term bullish structure has weakened.