Gold - New Cycle Formation: $4000 Breakout Opens Path to $5000GOLD / US DOLLARPYTH:XAUUSDAts9Gold has consistently respected a cyclical structure in $1000 increments: - Cycle 1: $1000 → $2000 - Cycle 2: $2000 → $3000 - Cycle 3: $3000 → $4000 With the latest breakout of $4000 , the market is signaling the beginning of a new cycle, with upside potential toward the $5000 zone. Key Technical Levels: - Immediate Support: $4000, $3764, $3617 - Lower Supports: $3500, $3389, $3213, $3000 - Upside Resistances: $4213, $4381, $4500, $4617, $4763 As long as price sustains above $4000, the structure favors continuation to the upside with $5000 as the next major target. A failure to hold above $4000 could trigger a deeper correction into lower supports, but the broader cyclical structure remains bullish, supporting the start of Cycle 4 with potential for new highs.