Gold (XAU/USD) Daily Chart: Bullish Breakout Toward $4,850XAU/USD Spot - GoldFX:XAUUSDTrendVertexGold (XAU/USD) Daily Chart: Bullish Breakout Toward $4,850 Description: Gold is showing strong bullish momentum after finding support around the $3,950–$4,000 zone. Buyers have become active, with price breaking higher from the previous descending structure and reaching around $4,608. The chart identifies $4,850.57 as the key target point, while major resistance is positioned near $5,300. A sustained move above the current trend structure could support further upside, while rejection near the target may lead to a pullback toward the $4,000 support zone. Traders should watch for confirmation around these key levels.