Gold can rebound from support line and make impulse up to 2100

Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price a few time ago started to trades in a wedge, where it first rebounded from the resistance line and made a strong downward impulse to the support line, breaking the 2020 support level. After this movement, Gold bounced from the support line and made an upward impulse back to the 2020 level, and even soon broke it again. Then price a little rose, after which XAU corrected to the 2020 level and later continued to move up in an upward wedge to the current support level. After Gold reached this level, which is located in the support area, the price in a short time broke it and at the moment it trades near. So, in my opinion, Gold can rebound from the support line and then make an upward impulse, higher than the resistance line of the wedge, thereby breaking it. For this case, I set my target at the 2100 level. Please share this idea with your friends and click Boost 🚀