XAUUSD Breakout Brewing -- Squeeze Setup in Play

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📆 June 12, 2025 | ⏱ 4H Chart Analysis

Gold (XAUUSD) is pressing against a key trendline resistance while holding a clean, ascending trendline from early March — forming a classic triangle squeeze.

🔍 Technical Breakdown:

The long-term bullish trendline has been respected three times, with each touch followed by strong buying interest (see orange circles).
Current price action is compressing between this trendline and descending resistance, tightening toward a potential breakout zone.
Two likely outcomes on the table:
🔺 Bullish Scenario: A confirmed breakout above $3,385 could fuel a rally toward $3,500–$3,520, especially if momentum accelerates.
🔻 Bearish Scenario: Breakdown below $3,260 risks deeper correction toward the $3,000 psychological level, aligning with prior demand zones.
📊 Indicators Insight:

EMA(15) & EMA(60) have flattened → signaling potential volatility expansion ahead.
Volume is building slightly, adding weight to a coming move.

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⚖️ Trade Idea (Not Financial Advice)
🟢 Buy on breakout above 3,385, Target: 3,500+
🔴 Sell on breakdown below 3,260, Target: 3,000
📌 Wait for confirmation and avoid chasing within the squeeze range.

💬 What's your take — will gold break through or bounce back?

📌 Follow for consistent multi-timeframe setups across Gold, Silver, and FX majors — 2–3 times weekly.

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