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XAUUSD – Gold Breaks 4,000 💥 | Continuation Update
A few weeks back, I shared my bullish outlook on Gold right from the 🚀 zone, supported by rising volume (🧨) and clean structure. That setup played out perfectly.
Now, after breaking the $4,000 all-time high, price has formed multiple Fair Value Gaps (FVGs) and keeps rejecting from them strongly confirming buyer dominance. Volatility remains high, and the trendline from my previous post is still guiding the move.
As long as price stays above the 3,950–3,980 area, I expect bullish continuation targeting the 4,080–4,150 zone next.
Bias: 🔼 Bullish
Setup basis: Trendline + FVG rejections + Volume confirmation
XAUUSD – Gold Breaks 4,000 💥 | Continuation UpdateA few weeks back, I shared my bullish outlook on Gold right from the 🚀 zone, supported by rising volume (🧨) and clean structure. That setup played out perfectly.
Now, after breaking the $4,000 all-time high, price has formed multiple Fair Value Gaps (FVGs) and keeps rejecting from them strongly confirming buyer dominance. Volatility remains high, and the trendline from my previous post is still guiding the move.
As long as price stays above the 3,950–3,980 area, I expect bullish continuation targeting the 4,080–4,150 zone next.
Bias: 🔼 Bullish
Setup basis: Trendline + FVG rejections + Volume confirmation
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.