🚀 $XAU breaking out ABOVE key moving averages! +4.7% and the trend is turning bullish.

LONG this momentum for a continuation move:

• Entry Zone: $4,940 - $4,950 (Pullback to breakout support)

• TP1: $5,050 | TP2: $5,164 | TP3: $5,300

• Stop-Loss: $4,900 (Below the EMA cluster and recent swing low)

Logic: Price has cleared the 20 & 50 EMA resistance on strong volume—a classic trend reversal signal. The EMAs are now support. This breakout targets a measured move towards the next major resistance level. The macro trend is shifting.

Buying the breakout or waiting for a retest? The momentum is clearly up. 📈