The price perfectly fulfills my last idea and it tested resistance zone. The price is approaching the strong support level at 1950 - 1955. The price already bounced off the level on the 1H timeframe. On the 4H the market formed a triangle pattern . The price is squeezed between support and resistance. In my opinion gold might go up to test the resistance because triangle patterns usually break toward the main trend. I think gold will range some time and go up. My target is next resistance zone 1980.
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