$XAU USD LONG TRADE SIGNAL š¢ | BULLISH BREAKOUT CONTINUES
Gold has broken above the consolidation range and is now retesting the breakout zone with strong support from the moving averages. A bounce from this retest zone is likely to trigger the next bullish leg toward higher highs.
TRADE SETUP:
Entry Point: $2,450 ā $2,460
Stop Loss: $2,430 (below structure)
Take Profit: $2,530 ā $2,550
Leverage: 10x
Margin: 2-3% of wallet
MARKET OUTLOOK:
Momentum remains bullish as price holds above the EMA and breaks structure. A successful retest can lead to a strong upside continuation, with bulls targeting untested zones above.
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$XAU
