$GOLD (#XAUUSD) Weekly Analysis: Bullish Pennant Breakout 🚀
#Xauusdgold has broken out of a pennant pattern on the weekly chart, hitting a high of $2,786 on Friday. This breakout confirms a continuation of the bullish trend, with momentum targeting further upside.

Key Levels to Watch:
- Resistance: $2,800 (Immediate hurdle)
- Upside Targets: $2,850 | $2,900
- Support Levels: $2,750 (Immediate support) | $2,700 (Critical support zone)

Outlook:
A break above $2,800 may lead to rallies toward $2,850 and beyond.
If gold retraces, $2,700 remains a crucial support to maintain the bullish structure.
Focus: Watch $2,800 for confirmation of further upside or potential consolidation.
#GOLD #XAUUSD #Xauusdgold