Gold: Bullish Breakout Setup

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Gold: Bullish Breakout SetupGoldOANDA:XAUUSDInvestWorld_777Gold is holding above the 4H EMA 20/50/100/200 structure, confirming a bullish trend after the strong breakout from the 4,200–4,240 accumulation zone. Price is now consolidating below the 4,439 resistance, while the recent CCI structure shows signs of bullish divergence. The key buy zone is 4,321–4,378, with a deeper pullback toward 4,226 remaining valid for the bullish scenario. A confirmed breakout and retest above 4,439 could open the way toward 4,546 and 4,645, with 4,670 as the Fibonacci extension target. The main risk is a loss of 4,321, which would weaken the current bullish structure.