XAUUSD – Buyers Are Not Done Yet!GoldOANDA:XAUUSDParadise_NoirXAUUSD's bullish momentum remains supported by a weaker US dollar and declining Treasury yields. Political uncertainty following the US midterm elections has also strengthened safe-haven demand. However, investors remain cautious ahead of the US Non-Farm Payrolls (NFP) report, which could trigger significant volatility and determine whether the current recovery can maintain its momentum. Looking at the H1 chart, I don't see the pullback from $4,140 as a major concern for buyers. Gold continues to trade within an ascending channel, while the formation of higher lows suggests that buying interest remains intact. After such a strong rally, a retest of support would be a natural part of a healthy uptrend. The $4,032–$4,057 support zone is particularly important, as horizontal support and Ichimoku converge in this area. If buyers successfully defend this zone, I expect gold to recover toward $4,100, followed by another test of $4,140, with further upside potential toward $4,160–$4,180 near the upper boundary of the ascending channel. My overall bias remains BULLISH on XAUUSD. Rather than chasing a sudden rally, I'm more interested in how buyers respond when price returns to support. A healthy uptrend isn't defined by constantly making new highs, but by the market's ability to defend key support levels during pullbacks.