XAUUSD TRADE IDEA

XAUUSD

Bias: BUY

• Price has broken out with strong bullish momentum and is trading inside an ascending channel.
• The key support area is around 4230–4254. Holding above this zone keeps buyers in control.
• Immediate resistance is near 4320, followed by 4366.

Trade Idea (Buy):

• Entry: 4235–4255 (on a pullback or bullish confirmation)
• Take Profit 1: 4320
• Take Profit 2: 4366
• Stop Loss: Below 4200

Summary: The H4 trend remains bullish. As long as price stays above 4230, buying pullbacks offers the higher-probability setup, with 4320 and 4366 as the next upside targets.