XAUUSD — 4H BULLISH BREAKOUT

Gold is showing strong bullish momentum on the 4H timeframe, with price breaking above the 4,350 resistance zone and continuing to push higher.

📈 Market Structure

The chart shows a strong recovery from the 4,020–4,060 area, followed by an aggressive bullish expansion.

Price has now:

✅ Broken above 4,281
✅ Reclaimed 4,350
✅ Established bullish momentum above the previous resistance
✅ Continued forming higher highs and higher lows

🎯 Upside Target

The major resistance/target I'm watching is:

TP: 4,589

This is the previous major high and represents the next significant area where sellers could appear.

🔑 Key Levels

4,350 → Breakout/support zone
4,281 → Secondary support
4,589 → Major resistance / upside target

As long as price holds above the 4,350 area, the bullish structure remains attractive.

⚠️ What Could Change the Bias?

If price falls back below 4,350 and fails to reclaim it, the breakout could become a false breakout. A deeper pullback toward 4,281 could then become possible.

Current Bias: 🟢 BULLISH

The 4H structure is favoring continuation, but I would prefer buying pullbacks/retests rather than chasing an extended candle.

Gold remains strong. The breakout is the key. 🚀

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