XAUUSD ARE WE BREAKING OUT !!??GoldOANDA:XAUUSDElohim_is_allXAUUSD | Bullish Momentum Within Bearish Consolidation β Are We Breaking Out? π 9 November 2026 | Weekly, Daily & 4H Technical Analysis Overall Market Outlook Current bias: BULLISH within broader BEARISH consolidation. XAUUSD is demonstrating renewed bullish momentum across the weekly, daily and four-hour timeframes following significant lower liquidity sweeps and reactions from bullish fair value gaps (FVGs) and order blocks (OBs). Our lower liquidity areas have been swept, and price is now attempting to reclaim previous resistance levels. The question is whether buyers have enough momentum to sustain this bullish continuation or whether price will need to consolidate and collect further liquidity before advancing. Our immediate focus is 4,112 transitioning from resistance into support, followed by our major psychological checkpoint at 4,140. We are not assuming a confirmed reversal of the broader bearish structure. Instead, we are monitoring the developing bullish momentum while respecting our higher-timeframe resistance zones. βΈ» WEEKLY TIMEFRAME β Bullish Within Bearish Consolidation On the weekly timeframe, price previously swept major lower liquidity before reversing and establishing higher highs. We identified a significant liquidity sweep around 3,881β3,885, followed by bullish recovery. Price has reacted from our lower weekly order blocks and bullish imbalance areas, supporting our current bullish working bias. Weekly Key Levels Upper resistance and liquidity: * 4,451β4,696 β Major upper weekly order block * 4,730 β Higher liquidity * 4,772 β Higher liquidity Immediate bearish FVG: * 4,208β4,246 β Weekly bearish FVG * 4,227 β FVG midpoint Price previously reacted bearishly from this FVG. Therefore, should price revisit this area, we will monitor carefully for rejection, consolidation or a confirmed breakout. Lower weekly structure: * 3,957β4,162 β Previous weekly order block * 3,877β4,087 β Newly identified bullish order block * 3,881β3,885 β Previously swept lower liquidity * 3,997 β Upper boundary of deeper bullish FVGs * 3,692 β Deeper Fibonacci checkpoint The overlapping weekly order blocks remain relevant should price revisit lower areas. Weekly conclusion: Bullish momentum is developing following major lower liquidity sweeps, but the broader bearish consolidation has not yet been conclusively invalidated. βΈ» DAILY TIMEFRAME β Bullish Continuation The daily timeframe is particularly important in assessing our directional bias. Price has swept previous lows, reacted from bullish FVGs and lower order blocks, and subsequently reclaimed several previous floor and resistance levels. These include 3,975, 3,979, 4,034 and 4,041. Daily Bullish Support Bullish order block: 3,870β3,970 New bullish FVG: 3,971β4,058 Fibonacci checkpoint: 4,011 Price has reacted from this bullish FVG and respected the Fibonacci region, supporting the current upside movement. Immediate Daily Checkpoints Checkpoint 1 β 4,112 Our initial resistance level. Price has now pushed through this area according to the latest chart observations. We are watching whether former resistance can establish itself as support. Checkpoint 2 β 4,140 Our major immediate psychological resistance level. Price previously wicked into this area last week but struggled to break through. The key question is: IS PRICE SLOWING DOWN OR SPEEDING UP? A strong break and sustained hold above 4,140 would strengthen the bullish continuation scenario. Major Daily Caution Zone Bearish FVG: 4,184β4,255 Important levels within this area: * 4,212 β Resistance * 4,222 β Fibonacci and resistance confluence * 4,208β4,246 β Overlapping weekly bearish FVG This is one of our most significant overhead resistance areas. We will monitor price momentum, candle closes, rejection wicks and potential consolidation when price approaches this region. Higher Daily Checkpoints * 4,303 / 4,320 β Intermediate resistance * 4,336β4,401 β Overhead order block * 4,434 β Resistance * 4,473β4,567 β Higher bearish FVG * 4,520 β Fibonacci checkpoint * 4,608β4,696 β Major upper daily order block * 4,726 / 4,774 β Higher liquidity These are longer-term reference levels, not immediate price targets. βΈ» FOUR-HOUR TIMEFRAME β Bullish Momentum Developing The 4H timeframe is currently showing bullish movement within broader bearish consolidation. Following the recent liquidity sweeps, price has reacted from significant bullish fair value gaps. Four-Hour Bullish FVGs New bullish FVG: 3,965β4,057 Additional overlapping bullish FVG: 3,972β4,057 Fibonacci checkpoint: 4,018 Price has demonstrated a positive reaction from these regions. The overlap between the daily and 4H bullish FVGs strengthens their importance as technical reference areas, although they are not guaranteed support. Current 4H Breakout Price has pushed through our initial checkpoint at 4,112 with strong bullish momentum. We are now observing whether price can maintain that breakout and continue toward 4,140. A sustained candle close above 4,112, followed by a successful retest, would provide stronger evidence that resistance has become support. Immediate Higher Levels * 4,140 β Major psychological checkpoint * 4,147 β Intermediate liquidity * 4,154 β Previous wick / resistance * 4,163 β Higher liquidity * 4,169β4,170 β Higher liquidity * 4,184β4,255 β Major bearish FVG Lower Four-Hour Levels Should price reject the immediate resistance areas, our lower checkpoints remain: * 4,099 * 4,078 / 4,073 / 4,066 * 4,043 / 4,041 / 4,034 * 4,029β4,026 β Potential liquidity retracement around 4,027 * 4,021 / 4,018 / 4,012 / 4,008 * 4,002 / 3,998 / 3,989 / 3,984 * 3,978 / 3,974 * 3,959 We will not assume any of these levels represents an absolute turning point without checking deeper structure. βΈ» POTENTIAL MARKET SCENARIOS Scenario 1 β Bullish Continuation π Price successfully breaks and holds above 4,112, then challenges our second major checkpoint at 4,140. If buyers maintain momentum and establish support above 4,140, our next levels become: 4,154 β 4,163 β 4,170 β 4,184β4,255 The major bearish FVG will require particular caution due to the overlapping weekly and daily resistance areas. Scenario 2 β Liquidity Sweep Before Continuation Price struggles to sustain its breakout, loses momentum and begins retracing toward previous liquidity. One potential area of interest is 4,027, which sits near our previously marked 4H checkpoints. A sweep into this area followed by a confirmed bullish reaction could support another continuation attempt. However, price may seek deeper liquidity, including the bullish FVG and Fibonacci levels below. We will not assume 4,027 must hold. Scenario 3 β Bearish Rejection and Deeper Consolidation Price rejects 4,140 or the higher bearish FVG and fails to maintain bullish market structure. This could result in a deeper retracement into the lower bullish imbalance areas. If these areas fail, the broader bearish consolidation may regain control. βΈ» TRADINGVIEW ALERT LEVELS Immediate alerts: * 4,106 β Below first checkpoint * 4,117 β Above first checkpoint * 4,140 β Major psychological resistance Higher alerts: * 4,154 * 4,163 * 4,170 * 4,184 * 4,212 * 4,222 * 4,255 Alerts allow us to monitor the important checkpoints without needing to watch every candle throughout the day. An alert signals an area to reassess, not an automatic entry. βΈ» FINAL OUTLOOK Weekly: Bullish momentum within bearish consolidation. Daily: Bullish. 4H: Bullish momentum within bearish consolidation. The current technical picture suggests bullish continuation is possible following significant lower liquidity sweeps and positive reactions from multiple bullish FVGs. Our immediate priority is confirming whether 4,112 becomes support and whether buyers can sustain momentum through 4,140. Above these levels, we will monitor the intermediate resistance areas before approaching the major bearish FVG at 4,184β4,255. We are particularly interested in whether price accelerates or decelerates at each checkpoint. Patience, confirmation and capital protection remain essential. We do not need to chase price, assume a breakout or force a trade. We wait for the market to demonstrate its intentions through structure, momentum and confirmed reactions. These are technical scenarios based on the marked chart levels, not guaranteed forecasts. Happy trading, everyone! π€π