XAUUSD (1H) – Breakout, Retest & Continuation Setup
#Gold has broken above a key consolidation range (marked box) with strong bullish momentum. Price is now pulling back to retest the former resistance zone, which is acting as new support.
As long as price holds above this support area, the bullish structure remains intact and a continuation move to the upside is favored. A clean rejection from the retest zone could offer a high-probability continuation entry toward the next resistance/highs.
Invalidation if price loses the highlighted support and closes back inside the range.
Trade with confirmation & proper risk management.