Gold Finally Clears the Ceiling — Buyers Now Aim for 4,678
XAUUSD is beginning to show a more convincing bullish shift after spending an extended period capped below resistance. Rather than facing another rejection, price finally broke through the upper boundary with strong momentum, showing that buyers are now willing to step in at higher levels.
The key detail is what happened after the breakout. Price has managed to stay above the former resistance zone instead of quickly falling back into the old range, which gives the move more credibility and suggests that demand is still supporting the advance.
A short pullback would be completely normal from here. If price retests the breakout area and buyers defend it successfully, that former resistance could become the base for another push higher, with 4,678 remaining the next major target.
As long as XAUUSD continues to hold above the breakout zone, the bullish continuation scenario remains the stronger one.