GOLD continue to GROW after breakdown of support line

At the beginning of the month, the price of GOLD stopped its long fall at the support line 1679.29. After that, in two stages - through one correction - it rose to the support line 1733.79. However, she could not pierce it and rolled back. During the second rise in price to the support line, it was able to consolidate on the line, and then break it out at point 1729.35. After the breakout, the price made a slight rollback and fixed on the line.

Such a perfect breakout with two fixations on the line gives reason to expect the price to start rising. This support line was formed in December 2020 and acts as a correction zone for the price. Breakout and consolidation are just part of the upward correction and now I expect the price to continue to rise and rise to the resistance line.
Thus, my final target is the resistance line 1760.83.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻