XAUUSD – Rising Trendline Keeps Bullish Structure IntactGoldOANDA:XAUUSDGoldenWave_AnalyticsGold is trading above a supportive ascending trendline on the 1-hour timeframe, maintaining a series of higher highs and higher lows. The recent pullback found buying interest near the trendline, keeping the short-term bullish structure intact. At the moment, price is trading between a well-defined support area around 4126.88 and a resistance zone near 4203.21. As long as price remains above the ascending trendline and support, buyers may continue to challenge the overhead resistance. A confirmed move above 4203.21 could indicate continuation of the current bullish momentum. On the other hand, a sustained break below the trendline and 4126.88 support may suggest weakening momentum and increase the possibility of a deeper correction toward the major support around 3960.13. Key Levels 🔹 Resistance: 4203.21 🔹 Support: 4126.88 🔹 Major Support: 3960.13 This analysis is based on price action and technical structure only. Always wait for confirmation and manage risk according to your own trading plan.