Gold can correct to support area and then rebound up to 2700

Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price declined from the buyer zone a little below, but then it entered to wedge and at once rebounded up from the support line to the resistance line, breaking the 2475 level. Then price some time traded in the wedge and later made a correction to the support level, which coincided with the support line of the wedge and made a strong impulse up. Price exited from the wedge and rose a little more, after which made correction below. Then Gold continued to move up inside the upward pennant, where it reached the current support level, which is located inside the support area. Next, the price broke this level and rose to the resistance line of the pennant, turned around, and corrected to the support area. But a not long time ago it bounced and rose to the resistance line of a pennant, which continues to trades below to this day. In my opinion, Gold can exit from the pennant, fall to the support area, and then start to grow. For this case, I set my TP at 2700 points. Please share this idea with your friends and click Boost 🚀