Bullish breakout setup

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Bullish breakout setupGoldOANDA:XAUUSDWarroomXYZA bullish breakout setup for Gold Spot (XAU/USD) following a clean break above the descending trendline resistance. Price has surged through the prior supply zone, confirming strong buying momentum. The ideal buy area lies between 4,137 – 4,144, aligning with a retest of the broken trendline and structure zone, which could now act as support. A stop-loss below 4,120 protects against a false breakout or liquidity sweep into the previous order block (OB). The target is set at 4,200, which corresponds to a significant resistance and psychological round number. Volume spikes on the breakout support bullish continuation, suggesting buyers are in control. A pullback into the highlighted zone before resuming the upward move would offer the best risk-to-reward entry opportunity.