XAU/USD Breakout & Retest Setup on 1H Chart

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Gold (XAU/USD) has successfully broken above a key resistance zone, now acting as support. The green box highlights the potential retest area around $3,408. A bullish continuation is expected if price respects this new support zone. Two scenarios are plotted: a direct continuation or a pullback before a rally. Watch for bullish confirmation signals (e.g., bullish engulfing or pin bar) on the retest for a high-probability long setup.








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