XAUUSD is currently testing the upper boundary of the descending channel and the marked resistance zone.
My expectation : $GOLD.US ld
is that we may see a breakout from this structure, but I don’t want to enter immediately on the first push.
I’ll wait for a proper candle to form and close above the resistance, confirming that the breakout has strength.
If the candle gives a clear confirmation,


we can then look for the next move; otherwise, a rejection could send price back into the channel.
Patience and confirmation are key here.
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