📊 Gold Update (XAUUSD – H1)
The market has now entered a critical phase.
It is clearly visible on the chart that gold is forming a symmetrical triangle (triangle compression), where resistance from above and support from below are squeezing the price. This indicates that a major breakout is likely soon.
🔺 Bullish Scenario:
If the price breaks strongly above 4750–4760 and holds there, the next targets are:
➡️ 4788
➡️ 4810
➡️ 4835+
🔻 Bearish Scenario:
If the price gets rejected from the top and closes below 4720, then:
➡️ 4690
➡️ 4665
➡️ 4600
⚠️ Keep in mind:
This is a liquidity zone where fake breakouts are common, so avoid rushing into trades.
🎯 Best Strategy:
✔️ Wait for a break + retest
✔️ Or enter after a fake breakout (liquidity grab)
📌 The market is currently in “Decision Mode” — the next big move is نزدیک (very close)!
#Gold #XAUUSD
