XAUUSD 4H – Breakout Structure Targeting Weak High

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XAUUSD 4H – Breakout Structure Targeting Weak HighGoldOANDA:XAUUSDSmart_moneyfxGold has successfully broken out of its consolidation range on the 4H timeframe and is showing strong bullish market structure. After forming multiple CHoCH and BOS confirmations inside the range, price has now printed a clear breakout above resistance and is holding above the previous supply zone. The ascending trendline from early February remains intact, supporting the bullish momentum. Market Structure: Bullish Breakout Level: Around 5,250–5,270 Current Bias: Continuation to the upside Price is now likely targeting the weak high liquidity resting above 5,550–5,600. The equal highs/weak high suggest liquidity is yet to be taken, making it a probable magnet for price. 📈 Bullish Scenario: As long as price holds above the breakout zone and trendline support, continuation toward the weak high is expected. Minor pullbacks into the 5,200–5,230 area can provide buy opportunities. Invalidation: A strong close below the trendline and acceptance below 5,150 would weaken the bullish structure. Further downside could revisit the 5,070 demand zone. Overall, structure favors buyers until proven otherwise. Patience on pullbacks may offer better risk-to-reward entries.