Gold can rebound from support area and start to rise

Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price a few days ago prices rebounded from the support line of the pennant and rose to the current 1945 support level, which coincided with the support area, but Gold at once bounced and started to decline. price fell until to support line of the pennant, thereby breaking the 1855 level, which is located inside the buyer zone, but soon price rebounded from this line and started to move up. A few time later, Gold exited from the pennant and entered to upward channel, where it rose to the current support level, breaking the 1855 level again. As well soon, Gold broke the current support level too and reached the resistance line of the channel, but a not long time ago it bounced down to the support line, broke it, and now trades below. Possibly Gold can decline to support area and then rebound and start to move up. Therefore I set up my target at the 2000 level. Please share this idea with your friends and click Boost 🚀