XAUUSD for OANDA:XAUUSD by Dhareja

TradingView idea: XAUUSD for OANDA:XAUUSD by Dhareja TradingView symbol: XAUUSD Gold remains under heavy bearish pressure, trading inside a well-defined descending channel while respecting both the major and lower trendlines. Price has now reached a critical long-term support zone around $4,000–4,020, where buyers previously stepped in. This support is a key decision point. If bulls defend this area, a relief rally toward the descending trendline around $4,600 could develop, representing roughly a 14% upside from current levels. However, any recovery is likely to face …