XAUUSD 1H – Watching for a Bounce Inside the ChannelGold is still moving nicely inside this big ascending channel. After hitting resistance, price is pulling back toward the lower support area and trendline.
👉 My Plan:
Waiting to see if price holds around $3,310–$3,320 zone.
If we get bullish signs (strong candle, rejection wick), I’ll look for longs back up toward $3,350–$3,370 and maybe higher.
✅ Key Levels:
Support: $3,310 area
Resistance: $3,345 – $3,370
Break below support could invalidate this idea.
Just being patient and letting price action confirm the next move. Let’s see how it plays out!
