GOLD Major Channel Breakout Meets D1 ResistanceGOLD (US$/OZ)TVC:GOLDsnr_academyHello traders! Welcome back to another detailed technical update. Today we are looking at Gold (XAUUSD) on the 1-Hour Timeframe, focusing strictly on Support & Resistance (SNR) dynamics and structural market flow. 📌 The Big Picture Gold has experienced a significant structural shift. After respecting a clean descending channel, price aggressively broke out to the upside, signaling a strong shift in market momentum. However, price is now approaching a critical Decision Point at higher-timeframe resistance. 🔍 Key SNR Levels to Watch 🔴 1. Major D1 Resistance ($4,160 – $4,190) Price is currently testing a crucial higher-timeframe daily resistance block. Expect initial rejection/consolidation in this region as buyers take profits and sellers attempt to defend the high. 🟡 2. Resistance Becomes Support / RBS Zone ($4,050 – $4,080) This key area served as major structural resistance during the downward trend. Following the breakout, this zone now acts as our primary RBS (Resistance-turned-Support) target for a health retest. 🔵 3. M1 Major Support ($3,960 – $3,980) The ultimate structural floor on this chart. The strong rejection from this baseline confirmed buyer dominance and fueled the breakout. 🎯 Trading Plan & Outlook Short-Term Pullback: With price reaching the D1 Resistance ($4,160–$4,190), we anticipate a corrective move/rejection off this key level. The RBS Retest: A pull-back toward the RBS Zone ($4,050–$4,080) would offer a high-probability retest setup to look for bullish confirmation signals. Target & Structure: As long as price respects key support levels on pullbacks, the broader market structure remains favorability shifted to the upside following the channel breakout. 💬 What are your thoughts on Gold? Are you looking to short the D1 Resistance rejection, or waiting to buy the retest at the RBS zone? Let me know in the comments below! If you found this analysis helpful, please don't forget to Boost 🚀 and Follow for more high-quality setups!