$XAU Gold: From the price trajectory, the breakout above 4405 serves as a crucial signal for the resumption of the upward trend. The early Asian session saw prices surge to 4460 before retreating, representing a normal corrective pullback within the prevailing trend that has not disrupted the overall upward structure.

The current price has stabilized above 4439, with 4396 serving as the pivotal support level determining whether the upward momentum can persist: Holding this level would validate the retest following the earlier breakout, potentially enabling another upward test from this support. A breach could trigger a deeper correction, necessitating reassessment of trend strength. MACD red bars are emerging, while Stochastic and RSI indicators have turned upward. Downward momentum has been fully exhausted, and the bullish trend is poised to accelerate!

Short-term resistance is at $4,470! Today's projected trading range: $4,401 - $4,490! Maintain a Buy-focused strategy! #XAUUSD