My previous analysis was accurate, as the market fell from the resistance zone and reached the targeted level.

Gold formed a triangle pattern, indicating indecision in the market, with price consolidating within a range.

The current price action is testing the critical support level at 2000, and it has shown an impulse move upward with higher lows.

If the price breaks the downward trendline, it may continue the upward momentum towards the next resistance.

My target is the resistance zone around 2011-2012, assuming the support level holds.

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