Gold returns to the key range of 2019-2048. False breakdown and price consolidation above support is likely to give us further gains
TA on the high timeframe: 1) Global trend continues 2) Local false breakout of resistance, but at the same time, buyers have returned some of the decline
TA on low timeframe: 1) Price returns to range 2) Consolidation of price above 2019 support forms 3) If bulls hold price above the level, gold will strengthen to 2030 and possibly to 2048