XAU/USD Bullish Breakout — Targeting Internal Liquidity
Gold is showing signs of a potential bullish reversal on the 4H timeframe after spending several weeks consolidating above the strong support zone around 3,950–4,000.
The key support has been tested multiple times and continues to hold, creating a strong base for buyers. Price has now pushed higher from this zone and is approaching the descending HTF trendline resistance.
A decisive 4H breakout above this trendline would be an important bullish confirmation, as it would signal a potential shift from the previous bearish structure toward bullish continuation.
The first major upside objective is the Internal Range Liquidity around 4,580–4,650. If price successfully breaks and holds above this area, the next major target becomes the Bullish Order Block around 4,750–4,820, followed by Buy-Side Liquidity near 4,900.
📌 Key Levels:
• Strong Support: 3,950–4,000
• Current HTF Trendline Resistance: ~4,150–4,200
• Internal Range Liquidity: 4,580–4,650
• Bullish Order Block: 4,750–4,820
• Buy-Side Liquidity: ~4,900
Overall, the structure is becoming increasingly bullish as long as the 3,950–4,000 support remains protected. A confirmed breakout and 4H close above the HTF trendline could open the path toward 4,600 and potentially the higher-timeframe bullish order block. 📈🔥