XAUUSD began to squeeze into a bullish structure, as buyers gradually pushed the price higher through a series of higher lows.

Typically, this type of pattern can indicate that bullish momentum has become extended. But in this case, the price did not decrease. Instead, buyers produced a strong breakout above resistance, showing clear control.

The next area of ​​interest is around 4080. As long as the price stays above the breakout zone, the upward momentum remains intact and buyers continue to push the move higher.

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