📈 XAUUSD (Gold) Analysis & Forecast - H4 Time Frame 🚀
💛 Technical Overview:
Breakout Confirmed: XAUUSD has broken out above its higher high resistance zone at 2724, signaling strong bullish momentum.
EMA Crossovers: The price has moved above both the 200 EMA and 100 EMA, confirming a shift toward a bullish trend.
Key Levels:
Support Zone: 2705
Resistance Zone: 2726
🚀 Forecast:
Technical Targets:
First Target: 2780
Second Target: 2785
The breakout above key resistance levels aligns with a bullish continuation toward these targets.
💡 Trading Insight:
Look for buy setups on pullbacks toward the support zone at 2705 or on consolidations above 2726.