Gold (XAUUSD) | Trendline Retest and Bullish Recovery ScenarioGoldOANDA:XAUUSDMrgoldtrade2On the 15-minute timeframe, Gold is trading near an important ascending trendline after completing a corrective move from the recent highs. Price is also attempting to build a higher low, suggesting buyers are still defending the broader structure. The highlighted resistance around 4080-4085 remains the first area to watch. A sustained move above this zone could open the way for the next resistance levels. Key Levels Support: 4038-4042 Major Support: 3995-4000 Resistance 1: 4080-4085 Resistance 2: 4120 Resistance 3: 4180 Possible Scenario If buyers continue protecting the trendline and price reclaims the resistance zone, the structure may favor a continuation toward higher levels. A rejection from resistance could instead lead to another test of support before the next directional move. This analysis is based on current price structure, trendlines, and support/resistance zones and will remain valid while the market respects these levels.