The yellow metal increases further on the short term and is almost to reach the WL1 of the ascending pitchfork, where it could find resistance again. The current increase is natural after the false breakdown below the sliding line (SL). Gold has found support much above the 61.8% retracement level, signaling that the retreat has ended. Personally, I believe that only a minor consolidation will bring it enough energy to be able to take out the next upside targets.
