GOLD ! False breakdown of the liquidity zone. Growing up 🤠

GOLD makes a false breakout of the liquidity zone, returns to the long zone relative to the support of 1724 and forms a consolidation in the long zone.

Previously, we saw a strong price drop, the first time the price stopped at the 1725 zone. Yesterday, the price made a false break, followed by a sharp upward impulse, which indicates that the price has reached the liquidity zone.

I suppose if the price can consolidate above the support level in the long zone, then there is a chance that the price will rise. Short-term target - resistance 1751.7

Sincerely, R. Linda!