$XAU (Gold) is holding a critical breakout level, offering a solid long setup for a continuation. The chart has surged above major resistance and is now consolidating in a bullish flag pattern. This indicates strong underlying momentum and a high probability of resuming the uptrend toward new highs.
Trade Setup (Long)
Entry:4,200 – 4,230
Target 1:4,240
Target 2:4,250
Target 3:4,260
Target 4:4,270+
Stop Loss:4,150
$XAU is displaying classic bullish consolidation after a strong move. The trend is firmly up. Enter in the zone for the next impulsive wave higher.
$XAU
