The recent price action aligns seamlessly with my previous analysis. It experienced a rebound from the support level. The gold market is currently consolidating within a range following the breakout of a significant level and an impulsive movement. I believe that if the price manages to breach the descending trendline, we may anticipate the continuation of the bullish trend to retest the range's boundary. On higher timeframes, the price is in a consolidation phase near the resistance zone. My target is set on the resistance area, which is positioned around 1989.390.