XAUUSD Long: Supported by Trendline - Recovery Targets 4,780Gold / U.S. DollarFOREXCOM:XAUUSDheniitradingHello traders! Here’s my technical outlook based on the current XAUUSD (2H) chart structure. Gold previously traded below a descending supply line. After several breakout attempts, price found a bottom at a pivot point and shifted into a recovery phase, forming higher lows. Currently, price is holding above the 4,660 demand zone, which acts as key support, while approaching the 4,780 supply zone. A recent test and rejection from this area indicates selling pressure, while the ascending trend line continues to support price from below. As long as XAUUSD holds above the 4,660 support and respects the ascending trend line, the bullish bias remains valid. A bounce from this zone could push price toward the 4,780 resistance (TP1). Manage your risk!