XAUUSD D1 — Bullish Breakout Setup 📈
A bullish setup is forming after a prolonged descending trend. Price is approaching a key support/demand zone around 4,200–4,300 , where a potential reversal and breakout of the descending trendline could occur. Potential upside targets: 🎯 TP1: 4,800 🎯 TP2: 5,100 🎯 TP3: 5,400 The setup is based on a support-zone reaction + descending trendline breakout , with confirmation required before entering a long position. A sustained break below the highlighted support zone would invalidate or weaken the bullish scenario.