GOLD BREAKS 4130 TRENDLINE, EYES 4300 NEXT?GOLD (US$/OZ)TVC:GOLDChum_tradesGold confirmed a breakout from the short-term bearish channel after the strong Non-Farm Payrolls rally, establishing a Higher High – Higher Low structure. Buyers remain in control as long as price holds above the newly established support zone. Heading into the new week, market sentiment will continue to focus on Fed expectations and U.S. Treasury yields. If support remains intact, gold is likely to extend its recovery toward higher resistance levels. The preferred strategy is to buy pullbacks while price stays above support. Only a confirmed break below the current support would weaken the short-term bullish outlook. 📍 Key Levels 🔹 4120–4140 Key support zone. Hold above to maintain bullish momentum. 🔹 4220–4240 First resistance area. 🔹 4320–4350 Next upside target. ✅ Preferred Scenario ✔ Hold above 4120–4140. ✔ Buy on pullbacks. ✔ A breakout above 4240 opens the way toward 4320–4350. ✔ A break below 4120 weakens the short-term bullish trend.