XAUUSD Bullish Breakout Toward 4622

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XAUUSD Bullish Breakout Toward 4622GoldOANDA:XAUUSDGold_Market_MindXAUUSD 15M Bullish Continuation Analysis Gold is currently holding above a key support zone near 4544, showing signs of consolidation after the sharp impulsive rally. The market structure remains bullish as price continues trading inside the ascending channel and respects higher-low formations. Key Observations: Liquidity sweep on the left side triggered strong buying momentum. Price formed a bullish reaction (BOS/CHOCH style recovery) after tapping lower support. Current consolidation above support suggests buyers are still defending the trend. SMA support is aligning closely with price, strengthening bullish continuation potential. Bullish Scenario: If XAUUSD maintains support around 4544 – 4545, buyers may push price toward the projected expansion zone. Target: 4622 Support Zone: 4544 Stop Loss: 4513 Trade Outlook: Holding above support keeps bullish momentum valid. A breakout continuation could trigger another impulsive leg upward toward the marked target area. Breakdown below 4513 would invalidate the bullish setup and may lead to deeper correction.