XAUUSD | Ascending Channel + Key Demand Zone | 15M Structure

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#XAU/USD# XAUUSD | Ascending Channel + Key Demand Zone | 15M Structure

The chart shows Gold moving inside an ascending channel after establishing strong upward momentum. The lower channel boundary has been respected several times, creating a clear dynamic support structure.

The marked zone around 4300–4305 is positioned below current price and can be used as a key technical reference during any pullback.

Market Structure
Higher Highs ✅
Higher Lows ✅
Rising Channel ✅
Price Above Key Zone ✅
Reference Levels

4320 — short-term support
4300–4305 — key support zone
4360 — first resistance
4380 — second resistance
4420 — major resistance
4440 — extended level

Possible Path

4342 → 4360 → 4380 → 4420 → 4440

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