Gold Consolidation Before Bullish BreakoutXAU/USD SpotFX:XAUUSDLeoGoldFXXAUUSD (Gold 1H Timeframe) Gold is currently trading within an ascending triangle structure on the 1-hour timeframe, showing signs of bullish pressure building near the upper resistance zone. Price action has been consolidating above the 5045–4990 support region, indicating strong buyer interest at lower levels. The market is compressing toward the 5100 trigger level, which is acting as a key breakout point. A sustained breakout and strong hourly close above 5100 could open the door for a bullish continuation toward 5160 and potentially 5240, with the possibility of retesting all-time highs if momentum accelerates. The structure suggests that buyers are gradually gaining control, especially as higher lows continue to form. Additionally, the U.S. Dollar index appears to be showing short-term weakness, which fundamentally supports further upside in gold. If dollar pressure continues, gold may experience an impulsive move during the upcoming sessions. However, traders should remain cautious. Failure to maintain price above the breakout zone may result in a pullback toward 5045 or even 4990 support. A breakdown below this area would weaken the bullish structure and could shift short-term momentum. Risk Management Note: Proper position sizing and stop-loss placement below key support levels are essential, as volatility can increase near breakout zones.