XAUUSD — 4,500 Is the Gate to 4,650?

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🌸 XAUUSD — 4,500 Is the Gate to 4,650?

Gold is showing a strong bullish structure after breaking above the previous resistance zone.

The market pushed sharply from the lower support area and is now trading around 4,480 - 4,500, right under the short-term breakout line.

This is where the chart becomes very interesting.

The trend is bullish.

But after a strong move, I still do not want to chase the candle.

I want to see if buyers can defend the new structure.

The simple read

4,500 is the first important gate today.

If gold breaks and holds above 4,500, buyers may try to push price toward the weekly high around 4,524 - 4,527.

That area is important because it aligns with the 1.618 Fibo reaction zone.

If momentum remains strong above 4,527, the medium-term target zone around 4,650 becomes the next major area to watch.

But if gold fails to hold above 4,500, a pullback may appear first.

The key buy zone is around 4,475 - 4,490.

If buyers defend this OB area, the bullish continuation plan remains healthy.

Below that, 4,450 is the previous resistance zone and can become an important retest support.

Key price zones

Current price area: 4,480 - 4,500

Breakout gate: 4,500

Weekly high / Fibo reaction: 4,524 - 4,527

Medium-term goal: 4,650

Buy zone OB: 4,475 - 4,490

Retest support: 4,450

Bullish continuation improves above: 4,500

Short-term structure weakens below: 4,450

Trading plan

Bullish continuation scenario

If gold breaks and holds above 4,500:

The bullish structure becomes stronger.

Price may continue toward 4,524 - 4,527 first.

If buyers keep control above that area, 4,650 becomes the medium-term reaction target.

Pullback buy scenario

If gold rejects from 4,500:

I will watch the 4,475 - 4,490 buy zone.

A clean reaction from this area may support another bullish attempt.

If this zone fails, 4,450 becomes the next important support to watch.

Deeper retest scenario

If 4,450 breaks clearly:

Gold may need more correction before the next bullish setup.

In that case, I would wait for a new reaction instead of forcing entries.

Tiara’s View

Gold is bullish, but the market is now near a breakout gate.

4,500 is the key level.

4,524 - 4,527 is the first upside reaction zone.

4,650 is the medium-term goal if buyers keep control.

4,475 - 4,490 is the first buy zone to defend.

The clean plan is simple:

Do not chase the top.

Wait for 4,500 confirmation.

Or wait for the OB buy zone reaction.

Reaction first.

Confirmation second.

Trade last.

No confirmation = no trade.

Do you think gold can break 4,500 and open the road toward 4,650, or will it retest the buy zone first?

Disclaimer

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