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- XAUUSD Overview
XAUUSD Overview
Technical Summary:- XAUUSD remains bullish on the 30-minute chart, maintaining a clear higher-high/higher-low structure above the rising trendline. Price is currently pulling back after testing the 4,426 resistance area, suggesting a possible retest of nearby support before the next move higher. The chart structure favors buy-on-dips while price holds above the 4,328 major support.
Bullish ScenarioHolding 4,380–4,360 can trigger renewed buying momentum.A sustained breakout above 4,426 may open the way toward 4,474.Above 4,474, the next upside zone is around 4,515–4,520.Bearish ScenarioA break below 4,360 could extend the correction toward 4,328.A decisive 30-min close below 4,328 would weaken the bullish structure and expose 4,303 support.
Key LevelsResistance : 4,426 → 4,474 → 4,515–4,520Support : 4,380–4,360 → 4,328 → 4,303
Market View- Bullish bias above 4,328. The preferred setup is to monitor pullbacks toward the trendline/support zone for bullish confirmation. A breakout and sustained hold above 4,426 would strengthen the upside projection toward 4,474.