GOLD - Waiting for a breakout to break through!!GoldOANDA:XAUUSDFireWave_Gold- Overall, the H4 timeframe structure still leans towards a medium-term downtrend with the formation of a Lower High – Lower Low pattern. However, in the short term, the H1 - M30 timeframe is forming a trendline channel, indicating the market is in an accumulation phase. - The multi-timeframe EMA (H4 - H2 - H1) still shows a bearish structure as the EMA34 remains below the EMA89. Currently, the momentum is unclear as the price continuously fluctuates between the EMA34 and EMA89 lines. - The (4573 - 4585) zone is currently a crucial resistance area; a breakout of this zone would trigger a return to higher levels. The (4416 - 4422) zone is currently a crucial support area; a break below this would disrupt the current uptrend and potentially lead to a return to a medium-term downtrend. ✅ VIEW: 1. BUY SCENARIO: - Confirmation candle breaks through the resistance zone (4533 - 4537). - Confirmation of a breakout from the descending trendline and simultaneously a breakout from the Lower High structure. => A short-term bullish structure will be confirmed. => When the price completely breaks through the resistance zone (4573 - 4585), the upward momentum will expand more strongly. 2. SELL SCENARIO: - Price touches the descending trendline and tests the resistance zone (4533 - 4537) but is rejected. - A reversal signal appears (pinbar/engulfing candle). => The price is likely to reverse and continue consolidating within the trendline. => If the price breaks through the support zone (4468 - 4473), prioritize short-term SELL signals towards the support levels below. => When the price completely breaks through the support zone (4416 - 4422) and breaks the uptrend line and simultaneously breaks the Lower Low structure, the bearish structure will expand. SELL LIMIT GOLD: 4537 - 4539 STOPLOSS: 4544 ✅TP1: 4534 ✅TP2: 4507 BUY LIMIT GOLD: 4468 - 4470 STOPLOSS: 4464 ✅TP1: 4473 ✅TP2: 4490