📉 MARKET UPDATE: GOLD / XAUUSD ANALYSIS
Gold has firmly broken above the H1 resistance at 4913 📍 and is currently trading near the final H4 breakout zone around 5087.
Momentum remains strongly bullish. Price structure suggests aggressive buying pressure, indicating a high probability of continued upside. If price breaks and holds above this zone with conviction, the bias stays bullish, with buys targeting the next H4 resistance at 5368.
That said, if price fails to clear this level and shows rejection from the zone, the bias will quickly flip to sells, aiming to follow the downside move.
Volatility is still very high manage risk carefully and trade with caution ⚠️