XAU/USD Strength Builds After Trendline Break, Bulls Eye Higher
The XAU/USD 45-minute chart shows a clear shift from bearish pressure to emerging bullish momentum. Price previously respected a descending trendline and formed a strong base near the lower demand zone, where buyers stepped in aggressively. After multiple rejections from the lows, gold broke above short-term resistance and is now consolidating above the highlighted support area, indicating healthy accumulation. The Ichimoku structure reflects improving conditions as price holds above the cloud, signaling trend reversal strength. The recent pullback appears corrective rather than impulsive, keeping the bullish structure intact. As long as price remains above the support zone, further upside is favored. A continuation move is expected toward the first target at 4472, followed by an extension toward the second target at 4500, aligning with projected bullish expansion.
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