$XAU USDT PERPETUAL BULLISH BREAKOUT SETUP MOMENTUM FAVORING UPSIDE ๐๐ข
$XAU USDT is showing strong bullish structure on the chart, with price holding firmly above key demand zones and forming higher highs and higher lows. Buyers continue to defend pullbacks, indicating sustained accumulation and strength. A clean breakout above the recent resistance zone opens the door for a continuation move toward higher supply levels.
Technical Outlook (Bullish):
โ Price is respecting the ascending structure and trend support
โ Momentum remains positive, suggesting continuation rather than reversal
โ Previous resistance is turning into support, confirming bullish control $XAU
Targets (TP):
TP1: 5150
TP2: 5203
Stop Loss (SL):
Below 4930(structure invalidation zone)
Risk Management:
Risk only a small portion of capital per trade, use a fixed stop loss, and secure partial profits at each target to protect gains.
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