XAUUSD is approaching an important technical point on the daily timeframe.

Price is trading inside a larger Primary Wedge (HTF), while the recent correction has formed a smaller Falling Wedge near the lower boundary of the broader structure. This creates a potential bullish continuation setup if buyers manage to hold the current support area and confirm a breakout above the local wedge resistance.

The key zone now is the breakout / confirmation area around 4216. A successful retest of this zone could open the way for a move toward the next higher resistance area.

Resistance: 5459, 5607
Support: 4216, 4000

As long as price remains above the local support zone, the bullish scenario stays valid. A move back below the breakout area would weaken the setup and delay the upside continuation.