The gold market experienced a sudden upward movement, breaching the resistance zone. Bullish forces propelled the price beyond the confines of the 1-hour timeframe channel. Following the breakout, the price action is consolidating within a range. I believe that should the price decline towards the support zone at 1960-1963, there could be a buying opportunity with a potential target of the 2000 level. On the 4-hour timeframe, a resistance level at 1980 is noticeable, suggesting a possible price consolidation. My objective is to focus on the resistance zone, particularly around 1989.