Buyers Hold Momentum Above Support

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Buyers Hold Momentum Above SupportGoldOANDA:XAUUSDSwingTrade_ConceptGold continues to trade in a bullish structure, forming higher highs after a clean rebound from the support zone. A short term pullback provides a potential swing buy opportunity targeting higher resistance levels as buyers remain active above intraday support. Key Levels: Buy Entry: 3960 Take Profit: 3980 Stop Loss: 3945 Reasoning: Technically, price action shows a sustained uptrend, supported by rising structure and consistent bullish candles. The 1H chart confirms momentum continuation after retesting previous resistance turned support. Fundamentally, weaker U.S. dollar sentiment and stable Treasury yields continue to support gold demand as investors look for safety ahead of key U.S. data releases. Disclaimer: This analysis is for educational purposes only and not financial advice. Always manage risk and follow your own trading plan before executing any trade.