XAUUSD H2: Buyers Are Regaining Momentum

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XAUUSD H2: Buyers Are Regaining MomentumGoldOANDA:XAUUSDMarcus_lawsonOverview: XAUUSD pulled back from the previous rising channel, but selling pressure failed to persist. Price reacted positively around 4,330, near the long-term EMA, before recovering toward 4,394. This suggests that lower levels are still attracting buyers and the broader bullish structure remains intact. Outlook: In the short term, the 4,370–4,380 zone is worth monitoring. If XAUUSD holds above this area and maintains its recovery momentum, I expect price to move toward the 4,425–4,445 supply/resistance zone. A clear breakout above this area could open the door for further upside. Invalidation: If price reverses and breaks clearly below 4,330, buyers will lose their advantage, increasing the risk of a deeper correction.