XAUUSD: Recovery Accelerates — Key Resistance Comes Into FocusGold / U.S. DollarFOREXCOM:XAUUSDRatnerHello everyone, here is my breakdown of the current XAUUSD setup. Market Analysis XAUUSD previously formed a rounding top pattern before breaking lower and entering a broad bearish trend. After a period of consolidation, price broke below the range support, confirming renewed selling pressure. The decline later stabilized near the 4,030 Support Zone, where buyers stepped back into the market. Currently, XAUUSD is trading above the 4,030 Support Zone while remaining below the 4,140 Resistance Zone. Price has broken above the upper boundary of an ascending channel and is attempting a short-term recovery toward resistance. My Scenario & Strategy As long as XAUUSD remains above the 4,030 Support Zone, the recovery scenario remains valid. A continuation higher could push price toward the 4,140 Resistance Zone (TP1). However, if XAUUSD breaks back below the support zone, the bullish recovery would weaken and sellers could regain control. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.