Gold can bounce from support line of wedge to resistance level

Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a few days ago price bounced from the 1910 current resistance level, which coincide with the resistance area and started to rise inside the upward channel. Price reached the next level and soon broke it and even rose higher of the seller zone, but soon bounced down and made a correction below the 1970 resistance level. After this Gold tried to back up, but failed and fell to the support line of wegde. In the wedge, the price rose to the resistance line, which coincide with the 1970 resistance level, and then rolled down to the 1910 current resistance level. But a not long time ago Gold broke this level too and now it trades below. Possibly, the price can fall to the support line of the wedge and start to rise to the resistance line. Then Gold can break this line and grow to the current resistance level and maybe it can try to break this level. After breakout, Gold can make retest and continue to rise. For this case, I set up two targets, the first target at the 1910 resistance level and the second - at 1930. Please share this idea with your friends and click Boost 🚀