The execution of my previous analysis is on point. XAUUSD shaped an ascending triangle and successfully breached it. The market broke and stabilized above the pattern and the 2065 level. A consolidation in the form of an inside bar ???? emerged on the daily timeframe. I anticipate an upward movement in the market.
In the event of a deceptive breakthrough of the resistance at 2070.70, a fakey setup will materialize, indicating a potential reversal pattern. Nevertheless, my inclination is for the market to ascend further, targeting a retest of the supply zone ???? given the daily candle's closure.