Gold (XAU/USD) on the 15-minute chart is showing signs of a potential bullish continuation after bouncing from the 3249 support level. Price has started forming a higher low structure, indicating a possible upward move toward the 3278 resistance zone.
If the market respects the 3249 level, we could see further upside momentum. A clean breakout above 3278 may open the door for extended bullish movement.
Key Levels:
Support: 3249
Resistance: 3278
Secondary Support: 3207
This setup reflects current price behavior and structure for educational and technical analysis purposes only.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.