End market

The gold is ranging after it broke through the downward channel. It might continue ranging because the price reached the area where it stayed in consolidation before. I think the price in the accumulation phase that can lead to a new extension. As you can see, the price formed a range zone, then a breakout followed by an impulse move, and then another range followed by an impulse move. I expect a liquidity grab from the previous daily low and go upwards. Alternatively, we might just have the choppy market. My goal is the resistance zone around 2060