Gold’s Rising Trend Line Offers Bulls a Route Back To Resistance

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Gold’s Rising Trend Line Offers Bulls a Route Back To ResistanceGold / U.S. DollarFOREXCOM:XAUUSDLegionQ8Hello traders! Here’s my technical outlook based on the current XAUUSD (3H) chart structure. XAUUSD previously traded inside a range before breaking higher and later forming a descending structure after turning around from the highs. Price then tested the Buyer Zone and bounced, showing signs of buyers defending support. Currently, XAUUSD is trading below the 4,300 Seller Zone while holding above the 4,150 Buyer Zone and the ascending Trend Line. The recent bounce from support suggests buyers are preparing for another move higher. As long as XAUUSD remains above the 4,150 Buyer Zone and respects the ascending Trend Line, the bullish scenario remains valid. A continuation higher could push price toward the 4,300 Seller Zone (TP1). However, a breakdown and close below the Buyer Zone would weaken the bullish outlook and increase the possibility of further downside. Please share this idea with your friends and click "Boost" 🚀