GPLD (XAUUSD) Breakout or Trap? Triangle Breakout Ahead

Gold (XAUUSD) is forming an Ascending Triangle pattern, approaching a crucial resistance zone. Price action indicates potential for either a breakout or a false breakout (trap). Key targets and rejection levels are clearly marked on the chart. Stay alert for a possible rejection near the upper trendline or a breakout confirmation above the resistance zone.
This analysis is for educational purposes only — not financial advice. Always manage risk properly.