xau/usd

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xau/usdGOLD (US$/OZ)TVC:GOLDsmohdyusuf66XAU/USD has staged an impressive bullish breakout on the 15-minute timeframe, surging from the 4,180 support region and reclaiming the previously marked resistance zone around 4,186–4,188. The strong bullish candle indicates aggressive buying pressure, suggesting that liquidity below support has been swept and buyers are now targeting higher levels. The chart highlights a long setup with an entry near 4,205.69, a stop loss at 4,196.35, and a target at 4,234.47. Price is currently consolidating above the breakout area, which could act as new support if buyers remain in control. This retest is important because successful support confirmation may provide momentum for the next leg higher. Market structure has shifted bullish, with higher highs and higher lows forming after the breakout. The next key resistance lies near the 4,234 target zone, where profit-taking may occur. Traders should monitor volume and price action closely. As long as gold remains above 4,196, the short-term outlook favors further upside toward 4,234 and potentially higher levels.