$XAU | Ascending Structure | Breakout Watch
Gold is compressing beneath 5,110 while printing consistent higher lows. Trendline support remains intact, and liquidity is stacked above resistance.
Compression typically resolves with expansion. If price holds above 5,110 with acceptance, upside momentum can accelerate toward higher liquidity zones.
If rejected, range continuation remains the alternative scenario.
Reaction at 5,110 defines structure.
I document extended chart breakdowns under my name on Telegram — simply search:
ZakTradingNotes
What’s your bias here?

XAUUSDT
Διην.
5,289.25
+0.17%