GOLD 15M — Bullish Trendline Retest 📈🔥

Gold is approaching a key decision point on the 15-minute chart.
Price has been forming a clear ascending structure , with the rising trendline connecting multiple higher lows. After the recent pullback, price is now returning to that trendline, creating a potential trendline continuation setup .
📈 BUY SETUP
Entry: 4,633.985
Stop Loss: 4,591.184
Take Profit: 4,697.235
Risk/Reward: approximately 1:1.5
🔎 Technical reasoning
• Gold remains in a short-term bullish structure.
• The ascending trendline has acted as dynamic support.
• Price is currently pulling back toward the trendline rather than aggressively breaking below it.
• The 4,633–4,634 area is the proposed entry zone.
• The previous high around 4,696–4,697 is the key upside target/resistance.
• A successful bullish rejection from the trendline would support continuation toward the previous high.
🎯 What I'm watching
4,633–4,634: Entry/support zone
4,591: Invalidation / stop area
4,696–4,697: Major resistance and target
I don't want to buy simply because price touches a trendline. The ideal scenario is trendline touch + bullish rejection + confirmation before entering.
If price decisively breaks and closes below the ascending trendline, the bullish setup becomes invalid and I would rather wait for a new structure than force the trade.
The idea is simple: follow the trend, wait for the pullback, get confirmation, then execute.