HelenP. I Gold can rebound of support level and start to move up

Hi folks today I'm prepared for you Gold analytics. A few moments ago price bounced up from the support level and made a strong upward impulse to resistance 1, which is coincide with first resistance zone and after which the price some time traded near this level and bounced up, continuing to grow to the next level. Reached resistance 2, which coincides with the second resistance zone too, Gold at once made a correction and then rose higher of this level and zone. Next price fell below and soon bounced up to the 2065 point, thereby breaking the trend line and resistance 2, and started to decline inside the wedge. Inside of wedge price broke resistance 2 again and fell to the next resistance level, but Gold didn't fix there and continued to decline. Now price trades close support level and I think Gold can fall to this level and then bounce up to the resistance line of the wedge. For this reason, I set up two targets, the first target at the 1910 level and the second - the 1930 level. If you like my analytics you may support me with your like/comment ❤️
GoldTrend AnalysisWedgeXAUUSD

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