GOLD - Price can correct to support line and then bounce up

昨日

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

Some time ago price made upward impulse and reached $2670 resistance level, which coincided with resistance zone.

Next, price broke this level, and entered to triangle, where it declined to $2605 support level, breaking $2670 level.

In triangle, price trades tried to back up, but failed and fell below support line, exiting from triangle pattern.

Then Gold in a short time rose to $2726 points, breaking resistance level, after which started to decline inside pennant.

Inside this pattern, price declined to $2583 points, breaking $2670 and $2605 levels, but recently broke $2605 level again.

I think that Gold can decline to support line and then bounce up to $2660, leaving pennant pattern.

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