Gold is extremely bullish due to geopolitical escalation, FOMC rate cut expectations, DXY collapse, and technical breakout confirmation. The market has made a new all-time high and is in a breakout continuation phase with controlled pullbacks. All timeframes (H4, Daily, H1) show a bullish trend. Key resistance levels are at $5,350, $5,450, and $5,650. Support is found between $5,220-$5,290, $5,160, and $5,050-$5,000. A bullish scenario is favored if H4 holds above $5,200 and DXY stays below 97. The bearish scenario (only a pullback) is valid if H4 closes below $5,160, with the trend invalidating below $5,000.