Hello traders! Here is my technical outlook based on the current XAUUSD (3H) chart structure. Gold previously traded within a range before breaking down and entering a bearish phase. After reaching a local bottom, price reversed and started moving within an ascending channel, signaling a recovery phase. Currently, price is trading above the 4,630 buyer zone, which acts as strong support, while approaching the 4,800 resistance level (seller zone). A recent bounce from the ascending support line, along with multiple breakout confirmations, indicates growing bullish momentum in the short term. As long as XAUUSD holds above the 4,630 support and respects the ascending support line, the bullish scenario remains valid. A continuation higher could push price toward the 4,800 resistance (TP1). Please share this idea with your friends and click Boost 🚀