XAUUSD M30 Consolidation Before Expansion

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XAUUSD M30 Consolidation Before ExpansionXAU/USD SpotFX:XAUUSDHAAADYPrice is currently compressing inside a symmetrical structure, reacting cleanly between descending resistance and ascending support. The lower zone (Order Block 4045–4058 region) continues to act as the primary demand area, where buyers have stepped in multiple times. Key Points • Market is holding above the OB, maintaining short-term bullish sentiment. • Price is respecting the ascending trendline, showing continuous absorption of sell pressure. • A breakout above the descending resistance line will confirm bullish momentum. • First upside objective remains the 4120–4130 supply zone highlighted on the chart. Bullish Scenario A clean break and candle close above the trendline resistance opens the path for an impulsive move into the 4120s. Retest of the broken structure may offer continuation entries. Bearish Invalidations Break below ascending support and sustained trade under the order block would negate this setup and shift bias lower. Idea Summary Monitoring for a breakout from compression — bias remains bullish while price holds the OB. Watching 4120–4130 as the next reaction zone.