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XAUUSD: Channel Ride to the Top or Fakeout Incoming?

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Gold is moving inside an uptrend channel, building momentum after bouncing from support. Right now, price is testing the key zone 3344 – 3348 – this is where the market will decide its next move.

📊 MMFLOW Outlook

✅ Scenario 1: Trend continuation (main bias)

Holding above 3344 – 3348 keeps the bullish structure intact.

A clean breakout over 3348.7 opens the path to:
→ Target 1: 3361.2
→ Target 2: 3369.8 (top of the channel)

⚠️ Scenario 2: Deeper retest before the move

If price rejects 3348 – 3351, a dip back to 3334 is likely.

Buyers may step in here to reload positions and push price higher.

A break below 3334 would weaken the bullish setup short-term.

📌 Key Levels (NY Session):

Support: 3334 | 3344 – 3348

Resistance: 3361.2 | 3369.8

✨ MMFLOW Note:
👉 Bias stays bullish, but patience at liquidity zones is key.
👉 Follow the flow – manage risk before the market makes the move.

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