XAUUSD is trading inside a rising channel with higher highs and higher lows. Current price is around 4342, while the 4300–4305 zone remains an important technical support area.
Levels
Support: 4320 / 4300–4305
Major Support: 4220
Target 1: 4360
Target 2: 4380
Target 3: 4420
Target 4: 4440
The bullish structure remains valid while price respects the rising channel. A break below channel support could lead to a deeper retracement.
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