XAU/USD 4H Analysis: Bullish Momentum Towards $2,780

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๐Ÿ“Š XAU/USD 4H Chart Analysis โ€“ Bullish Momentum ๐Ÿš€๐Ÿ’ฐ
๐Ÿ“Œ Key Observations:
๐Ÿ”น Current Price: $2,754.16 (+0.19%)
๐Ÿ”น Support Zone: $2,740 - $2,750 (Previous resistance turned support โœ…)
๐Ÿ”น Resistance Zone: $2,780 (Next potential target ๐ŸŽฏ)
๐Ÿ”น 200 EMA: $2,687.43 (Price is above = Bullish signal ๐Ÿ“ˆ)
๐Ÿ”น Breakout Confirmation: Price has broken past a key level and might retest before moving higher ๐Ÿ”„๐Ÿ“Š

๐Ÿ“‰ Potential Scenarios:
โœ… Bullish Case: If price holds above $2,750, we could see a rally towards $2,780+ ๐Ÿš€
โŒ Bearish Case: If price drops below $2,740, we might see a correction back to $2,720 โš ๏ธ

๐Ÿ”ฅ Conclusion:
Gold is showing strong bullish momentum and may continue its uptrend towards $2,780+ if it sustains above the breakout level! Keep an eye on support at $2,750 for confirmation. ๐Ÿ‘€๐Ÿ’Ž

Tell me in Comments Would you like further indicators or a different timeframe analysis? โณ๐Ÿ“Š

Trade active
Market Overview

Gold prices softened slightly on Monday, hovering just below the all-time high of $2,790.17. Despite this dip, market sentiment remains optimistic, with traders eyeing the key $3,000 milestone. However, risks of a pullback linger, with immediate support at $2,693.40. A breach of $2,735.96 could signal a shift toward bearish momentum.

U.S. Treasury yields declined as investors turned to safer assets amid a downturn in tech stocks. The 10-year yield dropped by 11 basis points to 4.514%, while the 2-year yield eased to 4.182%. The dollar index also weakened, falling 0.28% to 107.16, staying near last weekโ€™s one-month low.

The tech sell-off was fueled by concerns over valuation following the announcement of a budget-friendly AI model from Chinaโ€™s DeepSeek. This development heightened market uncertainty, bolstering demand for safe-haven currencies like the yen and Swiss franc, further pressuring the dollar.
Trade closed: target reached
snapshot
๐Ÿš€๐ŸŽฏ XAU/USD Target Hit โ€“ Another Golden Achievement! ๐Ÿ’ฐโœจ

Gold (XAU/USD) successfully reached our $2,780 target, proving once again the power of technical analysis & smart trading! โœ…๐Ÿ“Š

๐Ÿ”น Breakout confirmed above key resistance
๐Ÿ”น Bullish momentum played out perfectly
๐Ÿ”น Profits secured โ€“ Mission accomplished! ๐Ÿ†๐Ÿ’ธ

A big congrats to everyone who followed this trade! ๐ŸŽ‰ Letโ€™s stay focused for the next big opportunity! ๐Ÿ“ˆ๐Ÿ”ฅ

#Gold #XAUUSD #TradingSuccess #BullishMomentum ๐Ÿš€๐Ÿ’Ž

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