Gold Outlook: Support at 4340–4355, Target 4500–4520GOLD (US$/OZ)TVC:GOLDTrueMarketHubGold remains within a broader ascending framework, but the latest move has brought price back toward an important support area. Attention is now centered on 4340–4355, where horizontal support meets the rising trendline. As long as this region continues to hold, the overall structure remains favorable for another upward attempt. The preferred setup is to let Gold test 4340–4355 and wait for a convincing bullish response. A successful defense of this area could send price back toward 4400–4420, which represents the first important barrier on the upside. If buyers manage to push through 4420 and clear the descending trendline, the next major objective comes into view at 4500–4520. If the current retracement becomes deeper, 4300–4320 remains the next major support area to watch. The bullish outlook would begin to lose strength only if price breaks the rising trendline and establishes itself below 4340. In that case, the current scenario would need to be reviewed. 📍 LEVELS TO WATCH 🔹 4340–4355 Primary support zone where the rising trendline and horizontal structure meet. The main area to watch for a confirmed BUY response. 🔹 4300–4320 Secondary support if sellers extend the current pullback. 🔹 4400–4420 First upside resistance zone and the initial recovery objective. 🔹 4500–4520 Major resistance area and the next important target if the upper structure breaks. ✅ MAIN PLAN Wait for Gold to reach or react around 4340–4355. If this support remains intact and bullish confirmation develops, the preference stays with a BUY setup. A recovery through 4400–4420 would indicate improving upside momentum. A confirmed breakout through the descending trendline would then shift focus toward 4500–4520. If price instead produces a sustained break below 4340, the current bullish scenario should be reconsidered. BIAS: 🟢 BULLISH The larger rising structure is still intact, so the present decline continues to look more like a pullback than a confirmed reversal. The preferred approach is to wait for a clear reaction from 4340–4355 rather than entering after price has already moved into resistance.