GOLD (XAU/USD) H4 Breakout, Bulls are back!

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GOLD (XAU/USD) H4 Breakout, Bulls are back! GoldOANDA:XAUUSDAM_AlphaTradingGold (XAU/USD) has successfully broken above a long-term falling wedge pattern on the H4 timeframe, signaling a potential trend reversal after weeks of sustained bearish pressure. The breakout was followed by a healthy retest of the former wedge resistance, which has now started acting as new support—a classic technical confirmation that buyers are gradually taking control. XAUUSD XAUUSD 📊 Technical Analysis ✅ Falling wedge breakout confirms bullish reversal potential. ✅ Successful breakout and retest strengthen buyer confidence. ✅ Demand zone continues to attract institutional buying interest. ✅ Higher lows indicate improving bullish market structure. ✅ Momentum favors further upside while price holds above support. 🔑 Key Levels ✅Primary Demand / Support Zone: 3955 – 3995 (Key Zone) ✅First Bullish Target: 4370 – 4385 (Major Resistance) ✅Second Bullish Target: 4485 – 4500 (Key Resistance) ✅Bullish Bias: Valid while price remains above the highlighted demand zone. ⚠️ Risk Management: Always wait for confirmation before entering a trade. Use proper stop-loss placement and never risk more than 1–2% of your trading capital on a single position. 🚀If you found this analysis helpful, don't forget to Like 👍, 🚀leave your thoughts in the comments 💬 🚀Follow for more high-probability trading setups and market insights!