GOLD 15MIN CRITICAL POINT

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GOLD 15MIN CRITICAL POINTXAU/USD Spot - GoldFX:XAUUSDShavyfxhubXAUUSD 15-Minute Chart Analysis – Shavyfxhub Strategy Current Price: ≈ 4,402 Market Structure Gold is trading inside a rising structure on the 15-minute timeframe. Multiple green ascending trendlines are acting as dynamic demand. Horizontal resistance is clearly marked at 4,434 and 4,415. Price recently made a push higher and is now retesting a confluence area. The chart explicitly notes the trade reason: Ascending Trendline + Horizontal Support. A BAR (Break and Retest) is marked near the current price action. Important warning on the chart: Break and close of the current structure is a sell continuation. Key Levels (Shavyfxhub Style) Supply Roof / Resistance: 4,434 – 4,435 → Higher Supply Roof 4,415 → Intermediate resistance Demand Floor / Support: Rising green ascending trendlines (main dynamic demand) Horizontal support around current levels (4,400 – 4,380 zone) Current Bias Bullish while the ascending structure holds. Price is currently sitting at a critical confluence of the ascending trendline and horizontal support. This is a high-probability decision zone. Scenarios Bullish continuation: Hold and bounce from the ascending trendline + horizontal support Break above 4,415 then 4,434 Targets the upper red channel lines Bearish / Sell continuation: Clear break and close below the ascending trendline and horizontal support Would confirm the chart’s warning and open downside targets toward 4,340 – 4,300 and lower Summary (Shavyfxhub View) Structure = Rising channel with key confluence support Immediate focus = Reaction at the ascending trendline + horizontal support (around 4,400) Critical resistance = 4,415 → 4,434 Critical support = Current ascending trendline zone This is a clean Shavyfxhub decision point. Holding the structure keeps the bullish bias alive. A decisive break below it shifts the short-term bias to sell continuation.