Gold Holds Trendline Amid Rising Momentum

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Gold Holds Trendline Amid Rising MomentumGold FuturesCOMEX_DL:GC1!FenzoFxBrokerFenzoFx—Gold remains above the ascending trendline, trading around $3,386.0. Technical indicators like RSI 14 and Stochastic show rising momentum, reinforcing the bullish bias. Immediate support lies at $3,347.0. If this holds, XAU/USD may climb toward the monthly VWAP at $3,412.0. The bullish outlook is invalidated if Gold closes below $3,347.0, which opens the door for further downside toward the next support at $3,307.7.