XAUUSD (4H) – Triangle Breakout with Bullish Momentum

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XAUUSD (4H) – Triangle Breakout with Bullish MomentumGold / U.S. DollarFOREXCOM:XAUUSDyashtraderrrrXAUUSD Structure | Trend | Key Reaction Zones Gold broke out of a long consolidation triangle 🔼, gaining bullish momentum toward the 3450 resistance zone 🔴. Price is currently testing this key supply level, where rejection or continuation will decide the next move. Market Overview The bullish breakout confirms strength from buyers as gold surged past the 3403 support level 🟢. Current momentum is strong, but gold now faces heavy resistance at 3450–3455 🔴, which has historically triggered rejections. Sustaining above this zone will open doors for further bullish continuation, but failure could lead to pullbacks into key supports. Key Scenarios ✅ Bullish Case 🚀 → If 3450 breaks and holds 🎯 Target 1: 3475 🎯 Target 2: 3500 ❌ Bearish Case 📉 → If rejection occurs at 3450 🎯 Target 1: 3403 🎯 Target 2: 3312 (secondary support zone) Current Levels to Watch Resistance 🔴: 3450 → 3475 → 3500 Support 🟢: 3403 → 3312 → 3248 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice