Gold Structure Update – Bulls Still in Control next 4518++Hello everyone, gold is trading inside a clear rising channel, and the structure remains bullish with higher lows intact. After the recent upside move, price has pulled back toward the lower side of the channel, which is a normal and healthy move in a strong trend.
This pullback is happening exactly where buyers are expected to step in. As long as price holds above the marked support zone, the probability still favors upside continuation, not breakdown. Strong trends usually pause, shake out weak hands, and then continue.
For now, there is no sign of trend failure. Only a clean break and acceptance below support would change the view. Until then, this remains a buy-on-pullback market, not a place to panic or chase.
Key Levels to Watch
Buy Zone: 4466–4463
Stop Loss: Below 4445
1st Target: 4480
2nd Target: 4500
3rd Target: 4518
Bias: Bullish above support
Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
Analysis By @TraderRahulPal | More analysis & educational content on my profile.
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