(XAU/USD) Daily Analysis – Bullish Continuation Setup Toward $4,

(Gold Daily - as of Sep 30, 2025)

Current Price: ~$3,851.68

Trend: Strong uptrend with price following a rising channel

Timeframe: Daily candles

Tool Used: TradingView

🧩 Key Chart Elements

Support Level Buy Zone (Blue Box)

Range: $3,459.10 – $3,625.44

This is the planned re-entry/buy zone.

Coincides with a previous resistance zone turned support, and the lower bound of the channel.

Trade Entry Point

Suggested entry near $3,625.44

Aligned with the lower edge of the blue support zone.

Stop Loss

Placed slightly below the blue zone at $3,459.10

This protects against a breakdown from the channel and invalidation of the setup.

Price Action Forecast (Pink Line)

Expectation of a short-term pullback into the buy zone.

Followed by a strong bullish continuation toward the target.

Target Point

$4,452.425 marked as the LABA TARGET POINT

Suggests a long-term upside potential of around +17% from current price levels.

Trend Channel

Price is respecting an upward sloping parallel channel.

This provides structure and validation for the projected bullish move.

📈 Strategy Summary
Element Value
Buy Zone $3,459 – $3,625
Target $4,452
Stop Loss ~$3,459
Risk/Reward Favorable
Trend Bullish
🔍 Final Thoughts

This is a momentum-based trend-following strategy:

Wait for a retracement into the support zone.

Look for bullish reversal confirmation (e.g. bullish engulfing, RSI bounce, etc.).

Enter long with stop just below the zone.

Hold for the move toward ~$4,450.