Gold
Long

Gold (XAU/USD) Bullish Breakout โ€“ Targeting $2,960

80
:

๐Ÿ“Š Gold (XAU/USD) 4H Chart Analysis

๐Ÿš€ Bullish Momentum: The price is currently at $2,912.80, showing signs of an upward breakout.

๐Ÿ“ˆ EMA Support:
๐Ÿ”ด 30 EMA (short-term) at $2,905.06 is acting as support.
๐Ÿ”ต 200 EMA (long-term) at $2,862.78 suggests an overall uptrend.

๐ŸŸฃ Key Zones:
๐Ÿ›‘ Resistance: Around $2,930 - $2,960 (Target Zone ๐ŸŽฏ).
โœ… Support: $2,900 (Previously tested and held).

โšก Trade Setup:
๐Ÿ“Œ Possible pullback to the VG (Fair Value Gap) before pushing higher.
๐Ÿ’ก If price holds above $2,905, it could rally to $2,950-$2,960.

๐Ÿ”ฅ Conclusion:
๐Ÿ“ข Bulls are in control! Watch for confirmation above resistance before entering trades. ๐Ÿš€๐Ÿ’ฐ







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