Gold vs. EUR Bullish Breakout Retest – Buying Opportunity!

Chart Analysis & Trade Setup:
The XAU/EUR (Gold/Euro) 4H chart shows a strong uptrend, with price recently testing a critical support level after a significant bullish run. The market is currently forming a bullish breakout retest, presenting a potential buying opportunity.

Technical Breakdown:
📌 Key Support Zone: 2,765 - 2,770 EUR (Previous resistance turned support).
📈 Bullish Trend: Price is holding above the structure support, suggesting buyers are stepping in.
📊 Retest Confirmation: If price respects this level, a continuation towards 2,820 - 2,850 EUR is expected.

Trade Plan:
✅ Entry: Buy around 2,765 - 2,770 EUR if price confirms support.
🎯 Target 1: 2,811 EUR (Recent high).
🎯 Target 2: 2,850 EUR (Major resistance level).
🛑 Stop Loss: Below 2,723 EUR, as a break below this zone would invalidate the bullish setup.