Gold Spot / U.S. Dollar
Long
Updated

GOLD BULLS EYEING THE NEXT BREAKOUT!

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📊 XAU/USD Technical Analysis

Gold is maintaining a strong bullish structure, with price respecting the rising trendline and forming a series of higher highs and higher lows.

🟢 Demand Zone: Price is currently pulling back toward the highlighted demand area, where buyers may step in again.

💪 Strong Support Zone: The lower green zone acts as a major support area. As long as price remains above it, the bullish structure stays intact.

📈 Trendline: The ascending trendline continues to guide the bullish move and provides dynamic support.

🚀 Bullish Scenario: If buyers defend the demand zone and price breaks above the recent high, it could trigger another strong upside move toward the marked target zones.

⚠️ Bearish Risk: A decisive break below the demand zone and rising trendline could lead to a deeper correction toward the strong support zone.

🎯 Key Idea

Hold the demand zone → reclaim the recent high → potential breakout toward new highs. 🔥📈
Trade closed: target reached
Market Again Respectd our zone 700+ pips hit from our zone first target reached book your half profit remaining hold with BE
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