XAUUSD Long Gold vs US Dollar GOLD (XAU/USD) BULLISH BREAKOUT & RETEST SETUP
xecutive Summary & Technical Overview The 15-minute timeframe (M15) for XAU/USD (Gold vs US Dollar) demonstrates a classic structural shift favoring buyers. Following a period of consolidation within the $4,230.00 – $4,260.00 range, price action successfully surged past the significant resistance barrier located at $4,260.00. This horizontal zone—which previously acted as a ceiling capping upside momentum—has now flip-flopped into a robust Demand & Support Zone . The current price action indicates a healthy retest of this newly established support level around $4,260.00 , confirming buyer presence and validating the upward continuum toward higher targets. Key Technical Factors Resistance-to-Support Flip (Role Reversal): The $4,260.00 price handle previously saw multiple rejections