New bullish movement coming on GOLD (GC) by ThinkingAntsOk

Use this as a guide to develop your view of the situation:

Main items we can see on the chart:

a)We should Focus on the "Major Support Resistance Zone."

b)Take a look at how we can use that support resistance zone as a clear divider for "The price above or below it."

c)After the price testing the zone as a resistance we saw a breakout with a bullish movement

d)Currently, we can observe that the price tested 3 times the zone as a support

e)We can conclude that we are in a strong area and we can see 2 corrective structures (yellow lines)

f)Our Analysis is that if the price breaks above 1750.00 we can expect a bullish movement towards the two Fibo extensions

g)We will trade this analysis and our TARGET will be 1895.00