XAUUSD A clear bullish continuation structure is forming on Gold. Price first broke out of a broad triangle pattern, then formed a smaller bullish triangle and continued higher. These consecutive breakouts show that buyers are still in control of the market.After the recent rally, Gold is now returning for a retest, creating a familiar sequence: breakout, retest, then continuation higher. This pause could allow price to rebuild support before the next bullish move begins.
If buying pressure breaks above the current consolidation, I expect Gold to continue higher toward:
🎯 4,690
🎯 4,755
🎯 4,850
Until the next breakout is confirmed, patience is key—no breakout, no trade.
The bullish structure remains intact, and expectations are building for another strong expansion higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.