Gold is currently trading within a rising channel on the 15-minute timeframe. Price has formed a sequence of higher highs and higher lows, while the latest candles are consolidating near the upper portion of the structure.

The highlighted 4300–4305 area is an important short-term support zone. As long as price continues to respect the rising trendline and remains above this area, the current structure stays constructive.

Key Levels
Current Price: ~4342
Support 1: 4320
Support 2: 4300–4305
Major Demand: 4220
Resistance 1: 4360
Resistance 2: 4380
Resistance 3: 4420
Extended Resistance: 4440
Potential Reference Targets
Target 1: 4360
Target 2: 4380
Target 3: 4420
Target 4: 4440
Structure

The rising channel remains the main technical structure. A sustained move above the recent high could bring higher resistance levels into focus, while a break below channel support could lead to a deeper retracement.