Ascending Triangle After Fake Breakout Bullish Continuation

Dec 21, 2025

This 1-hour Gold (XAUUSD) chart shows a well-defined ascending triangle structure within a rising channel. Price continues to respect the ascending support trendline, forming higher lows while pressing against a key resistance zone.

A recent fake breakout above resistance was quickly rejected, suggesting liquidity grab rather than trend reversal. After the rejection, price held structure and returned to the triangle support, keeping the bullish bias intact.

As long as price holds above the ascending trendline, the idea favors a continuation move toward the marked target area near 4413 aligned with prior highs and channel resistance. A clean breakout and acceptance above resistance would confirm momentum.

This is a technical structure-based idea, not a prediction—always manage risk and wait for confirmation.

Dec 22, 2025

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Dec 22, 2025

Trade closed: target reached

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