🚨 Gold looks like it’s preparing for a breakout… 👀
If it breaks that bearish trendline and starts taking out the short traders’ liquidity above, we could see a strong pump toward $4,850 first.
And if momentum stays strong after that, THEN $5,200+ is second possible target. 🎯
One clean breakout above this trendline could turn the whole chart explosive. 💥
Keep an eye on the liquidity above — $4,850 could be just the first stop.
$XAU
If it breaks that bearish trendline and starts taking out the short traders’ liquidity above, we could see a strong pump toward $4,850 first.
And if momentum stays strong after that, THEN $5,200+ is second possible target. 🎯
One clean breakout above this trendline could turn the whole chart explosive. 💥
Keep an eye on the liquidity above — $4,850 could be just the first stop.
$XAU
