Gold Spot / U.S. Dollar
Long
Updated

XAUUSD | Bullish Setup After Break of Structure & Trendline

134
Hello traders,
On this 4H chart of XAUUSD, we can see a clear bullish setup forming after multiple breaks of structure (BOS). The price has been ranging in different zones, breaking through mid-level resistance, and recently breaking the main trendline.

I am anticipating a potential upside move from this point, as the structure shift indicates that buyers may take control. If momentum holds, we could see further continuation to the upside.

⚠️ This is for educational purposes only – not financial advice. Always manage your risk and follow your own trading plan.
Trade closed: target reached
The Market has achieved its Target, Gold Market is something else. Thanks those who trusted us.
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It has exactly reached at our target
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Around 500+ pips achieved
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Gold (XAU/USD) jumped mainly because traders expect U.S. rate cuts, the dollar weakened, and safe-haven demand increased due to economic and geopolitical uncertainty. Lower bond yields and strong central bank buying added momentum, while a technical breakout pushed prices higher.

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