Gold is in a consolidation phase following an upward impulse. The ongoing consolidation is likely to persist due to the presence of a robust resistance zone above. In my analysis, the price, currently in an accumulation phase, holds the potential for a fresh extension. The price pattern is characterized by an impulse leg followed by a range zone, forming a recurring sequence. Anticipating either a retest of the daily resistance zone or a market displaying choppy behavior, my target is set at the resistance zone, approximately around 2062.