Gold trades in triangle and can increased to resistance line

Hello traders, I want share with you my opinion about Gold. Looking at the graph, we see how Gold has been rise for a long time. Price formed the resistance area 2045-2050, retested it and starting to decline. Gold formed a downward impulse and, after a small correction, continued to fall. Price reached 1970 level and formed a support area, from which to start grow. Over time, the price has created a symmetrical triangle and already has been trading inside for a long time. We can see how Gold bounced off the resistance line, declined, re-tested the support zone 1970-1975 and increased. Not so long ago, the price started a corrective downward movement, so I see two developments. I think the price can continue upward right away, or go down, retest the support line, and then can begin to grow. Based on this data, I decided to set two targets at level 1990 and at level 2005, which coincide with the resistance line of the triangle. Please share this idea with your friends and click Boost 🚀