Gold Breakout Approaches Major Resistance: Retest or Continuation?

[DaisyFx_Analyts]

Gold (XAUUSD) is holding above the lower resistance after the recent breakout, with price now approaching the major resistance/POI around 4,430–4,450.

The softer DXY is continuing to support the bullish move, but this zone could be critical for the next direction.

Key scenarios:-
A clean break above 4,450 could trigger a liquidity sweep and further upside.

- A rejection could lead to a pullback and retest before the next bullish leg.

I’m watching the reaction around 4,430–4,450 closely for confirmation.

What do you expect next — liquidity sweep or pullback retest?

 

[reyesisme]

I’d wait for confirmation here rather than chase the breakout. The 4,430–4,450 area has already shown rejection, so a pullback-retest looks possible. If gold can break and hold above 4,450, then continuation would look much stronger to me.

 

[Mr.BBlackC]

4,430–4,450 looks like the key zone. If gold breaks and holds above it, continuation makes sense. Otherwise, I’d expect a pullback before the next move.