XAUUSD is clearly forming a Cup and Handle pattern. The price previously dropped to the 4000 zone, then rebounded to 4080, completing the cup structure.Afterward, the market is experiencing a slight pullback, forming a tight and well-controlled handle.
Finally, the price breaks through the neckline with strong momentum, and my next target is around 4150, measured based on the height of the cup.
This is a classic bullish pattern, and market expectations are gradually being reinforced.
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