GOLD - Price can fall to support area and then bounce up from it

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

Some time ago price entered to flat, where it in a short time reached $2055 level, which coincided with top part of flat.

After this, Gold at once bounced and declined to bottom part of flat, where later XAU turned around and started to grow.

In a short time price rose back to $2055 level, entered to pennant, and later made strong upward impulse.

Price broke $2055 level, exited from flat, and soon reached $2155 level, which coincided with support area.

Soon, XAU broke this level and rose to resistance line of pennant, but recently price bounced down, exiting from this pattern.

So, now I think Gold can decline to support area and then bounce up to $2200 level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️