Gold Just Broke Out of Her Flag — I’m Buying the Momentum

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Gold Just Broke Out of Her Flag — I’m Buying the MomentumGOLD / U.S. DOLLARFX_IDC:XAUUSDSheenaLXAU/USD just gave us a clean breakout from a textbook bull flag on the 4H and Daily chart — and I’m looking to ride this wave back toward the highs. Price respected the 21 EMA on both the Daily and Weekly, which confirms continuation. We had a healthy pullback after the October rally, formed a symmetrical flag, and now we’re seeing the breakout and retest in motion. Momentum is shifting back to the upside — and smart money looks ready to push price higher. My plan is to buy from the current zone or on a slight pullback toward 4080. My first target is the previous high at 4280, and second target is the psychological resistance at 4400. This is a momentum play with structure on our side — nothing forced, just flowing with the chart. Entry: 4080–4100 🛑 SL: 3980 🎯 TP1: 4280 🎯 TP2: 4400