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XAUUSD M30 - Supporst and resistance structure
Gold is currently trading around 4291 on the M30 chart. Price is consolidating between the 4250–4260 support zone and the 4335–4355 resistance area. A rejection from the current region could lead to a retest of 4250–4260 support. If support holds and bullish momentum develops, price may attempt a move toward 4335–4355. A sustained breakout above resistance could open the way toward the 4365–4380 zone. Key Levels: • Support: 4250–4260 • Near-term zone: 4280–4305 • Resistance: 4335–4355 • Higher resistance: 4365–4380 Educational market analysis only. Price can move in either direction; always use proper risk management.