XAU/USD Bullish Breakout: Support Reclaim Toward 4,680 & 4,699

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XAU/USD Bullish Breakout: Support Reclaim Toward 4,680 & 4,699GoldOANDA:XAUUSDCRT-ICT-MARKET-GOLD-SIGNALSXAU/USD 15-Minute Analysis Bias: Bullish 📈 The chart shows a potential bullish breakout/reversal after price respected the lower boundary of a descending channel and reclaimed the 4,609–4,610 support/entry zone. Key Levels Entry: 4,609.724 Current price: 4,618.560 Support: 4,609.005–4,608.645 Stop loss: 4,589.587 Target 1: 4,680.922 Target 2: 4,699.620 Price Action Price has moved out of the short-term descending structure and is now holding above the marked entry area. The recent push from the 4,590–4,600 demand/support region suggests buyers are attempting to shift momentum upward. A sustained 15-minute close above 4,620–4,625 would strengthen the bullish continuation scenario. Bullish scenario: Holding above 4,609 → continuation toward 4,680.922, followed by 4,699.620. Invalidation: A decisive break below 4,589.587 would invalidate the current long setup and could signal another bearish move. Risk/Reward From 4,609.724: Risk ≈ 20.14 points TP1 reward ≈ 71.20 points → 1:3.54 R:R TP2 reward ≈ 89.90 points → 1:4.46 R:R Overall: The setup is technically bullish while price remains above 4,609, with 4,680.922 as the primary upside objective. Confirmation above the recent local high would make the continuation setup stronger.