The market aligns seamlessly with my previous analysis. It rebounded from the resistance zone, depicting gold in a predominantly sideways movement. The price underwent a dual examination of the resistance zone, subsequently breaking and consolidating below the range zone. In my perspective, the market is accumulating liquidity in proximity to the upward trendline. A potential breakout of this trendline could trigger a subsequent downward impulse. The price tactfully secured liquidity through a feigned breakout of the resistance. I anticipate the breach of the trendline and a subsequent trial of the support level. My target rests around 2012.700.