XAUUSD Bullish Structure Following Trendline Breakout
# XAUUSD Price Forecast: Bullish Structure Following Trendline Breakout
XAUUSD has broken above its descending trendline, indicating a potential shift toward bullish momentum. As long as price holds above the 3,950–4,000 support zone, the short-term bias stays bullish.
📈 Bullish Scenario
A sustained bounce above 4,000 may push XAUUSD toward:
🎯 Target 1: 4,162
🎯 Target 2: 4,323
📉 Bearish Scenario
A rejection or breakdown below support may lead to a deeper retracement.
Key Levels
Resistance 1: 4,162
Resistance 2: 4,323
Support Zone: 3,950–4,000
Bullish Invalidation: 4H Close Below 3,950