XAUUSD 1H — Long continuation from channel support & RSI divergeGoldOANDA:XAUUSDAlphaSignalProLTDSetup: XAUUSD is sustaining an orderly bullish structure within an ascending regression channel on the 1H timeframe. Following a liquidity sweep at channel support backed by momentum divergence, price is building acceptance for continuation toward overhead resistance. Prices at time of research: 4,358.48. Why this setup: Ascending Channel Structure & Trendline Defense: Price action continues to print higher structural lows within a multi-week ascending channel. The aggressive rejection wick off the lower boundary near 4,280 confirms that institutional demand remains active, defending the structural trajectory and establishing a solid accumulation base. Confluent RSI Bullish Divergence & Volume Profile Support: A distinct bullish divergence materialized on the 1H RSI (14) between the September 14–15 base and the September 17 test, indicating clear exhaustion in selling momentum. Furthermore, price is consolidating above the high-volume node (Volume Profile shelf between 4,347 and 4,358), confirming value acceptance above local dynamic support. Structured Upside Draw & Disciplined Invalidation: The primary upside objective is the horizontal Resistance supply zone (4,430.00 – 4,440.00), offering an optimal liquidity target for short-term expansion. The stop loss is positioned cleanly at 4,305.23 below the channel's lower variance band, providing a strict structural invalidation and an asymmetric risk-to-reward profile. Trade plan: Bias: Long Entry: 4,347.00 – 4,358.50 (Volume profile shelf & local consolidation) Stop loss: 4,305.23 — invalidation: A firm 1H candle close below 4,305.23 and the ascending channel lower boundary. Target(s): 4,400.00 / 4,432.36 (Overhead structural Resistance block) Timeframe: 1H