XAUUSD: Bullish Breakout or Liquidity Sweep Next?

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XAUUSD: Bullish Breakout or Liquidity Sweep Next?GoldOANDA:XAUUSDXAUApex🔹 XAUUSD is showing a strong bullish market structure, with successive higher highs and higher lows following multiple breakouts above previous resistance areas. Price has recently pushed into the 4,360–4,370 resistance zone and is consolidating below it, suggesting a pause after the latest expansion. The chart also highlights a liquidity area around 4,281, while the 4,230–4,240 region appears as an important support zone. From a price action and technical analysis perspective, holding above these structural areas keeps the broader bullish structure intact. 🔸 A possible bullish scenario could develop if XAUUSD confirms acceptance above the current resistance, potentially exposing higher liquidity near the upper highlighted area. Alternatively, rejection from resistance could lead to a retracement toward the 4,281 liquidity area or deeper support around 4,230–4,240. Traders may wait for clear price confirmation and market-structure behavior before considering any trade. If the key support zone fails, the bullish structure could weaken and a deeper correction might develop. This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.