XAUUSD Remains Bullish – Pullbacks Are Just Opportunities

Wait 5 sec.

XAUUSD Remains Bullish – Pullbacks Are Just Opportunities GoldOANDA:XAUUSDParadise_NoirHello traders, today let’s take a look at the short-term trend of Gold. From a macro perspective, gold continues to receive strong support from safe-haven flows as geopolitical uncertainty and trade-related risks remain present. At the same time, the US dollar is no longer maintaining overwhelming strength, while real yields are showing signs of stalling. These are solid fundamental drivers that help gold stay at elevated levels and maintain its bullish trend, rather than being just a temporary rebound. On the H2 chart, the bullish structure is clearly visible. Price continues to hold above the rising trendline and consistently forms higher lows. Each pullback is quickly met with buying pressure, pushing price higher again—this clearly shows that buyers remain in control of the market. The Ichimoku indicator also supports this view, as price is trading above the cloud and the key lines are sloping upward in a stable manner. In the short term, the 5,130–5,150 zone is acting as a key support area. If price pulls back into this zone while keeping the bullish structure intact, it presents a good opportunity to continue trading in line with the trend. On the upside, the 5,250 level stands out as a strong resistance, where price may experience volatility or consolidation before confirming the next directional move. In summary, this remains a market where BUY setups are favored in line with the trend. In a strong bullish market, the most important thing is not trying to catch the top, but patiently waiting for healthy pullbacks to join the move alongside the smart money.