GOLD – Breakout Confirmed, Retesting 3415 Before Push

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GOLD – Breakout Confirmed, Retesting 3415 Before PushGOLD (US$/OZ)TVC:GOLDspecthr07GOLD has broken out of a 4-month bullish symmetric triangle, where volatility had been contracting as the pattern matured. The triangle showed 3 reversal points on the bottom trendline and 2 on the top before the breakout. Momentum confirmed the move, pushing price through resistance. We will now see a strong sell-off for a healthy retest of the breakout zone around 3415. So short in the short term but long on the long term. The measured move projection points to a new target at 3845. 📊 Key levels to watch: Retest support: 3415 (critical level to hold) Stop-loss zone: near the apex of the triangle (invalidates the pattern if broken) Target: 3845 The breakout structure remains bullish, and as long as 3415 holds, the path toward 3845 remains intact.