XAUUSD H4: Holding the Trendline, Buy Bias RemainsGoldOANDA:XAUUSDAmelia-JonesXAUUSD continues to trade above its ascending trendline after successfully testing it multiple times, indicating that buyers remain in control of the market. The price is currently consolidating just above this dynamic support and appears to be preparing for another move toward the 4,140–4,150 resistance zone. If buyers continue to defend the current area, gold could extend its short-term recovery. Key level to watch: I will favor buy positions if the price continues to hold above the ascending trendline and prints a bullish confirmation signal around the support area. If XAUUSD breaks below the ascending trendline and closes beneath the nearest support level, the bullish scenario will no longer be valid. This analysis reflects my personal opinion only. Please make your trading decisions based on your own analysis.