XAUUSD Pullback into Trendline Support | Buyers Watching for Rec

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XAUUSD Pullback into Trendline Support | Buyers Watching for RecGoldOANDA:XAUUSDjimmy-trader1Gold is currently retracing from a well-defined resistance zone after failing to establish a sustained move above recent highs. Price is now approaching the rising trendline, which aligns with a nearby technical support area and may attract renewed buying interest. The recent pullback has developed inside a short-term descending channel, suggesting the move may represent a correction within the broader upward structure. If buyers defend the highlighted support region and price breaks above the channel resistance, the recovery could extend toward the previous supply zone. The projected path on the chart illustrates one possible technical scenario based on the current market structure. Confirmation through price action remains important before any directional bias is considered. Key Resistance 4,085–4,090 4,110–4,120 4,165–4,170 Key Support 4,055–4,060 4,040 4,020 Potential Technical Objectives 🎯 Target 1: 4,090 🎯 Target 2: 4,120 🎯 Target 3: 4,165–4,170