Gold can make small movement up, after which rebound down

Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago declined to support line of the pennant, thereby breaking the support level, which coincided with the buyer zone, but soon XAU rebounded from it and made impulse up to 2050 points, breaking 2005 level one more time. Next, the price made a little correction, after which continued to move up to the resistance line of the pennant, breaking the resistance level, which coincided with the seller zone. After this movement, Gold rebounded from this line and in a short time declined below the 2055 level, thereby breaking it again. After this, the price fell to 2015 points, where it turned around and made impulse up to the seller zone. Price made a fake breakout of the resistance level, after which it declined to the support level. Also recently, Gold bounced from this level and started to rise. So, just a moment, I think the price can make a movement up, after which the price starts to decline to support line of the pennant. For this case, I set my target at the 2010 points, which coincides with this line. Please share this idea with your friends and click Boost 🚀