🥇 Price is strengthening and testing strong resistance

Gold is strengthening to 2,000. The price is testing an important level and is not ready to pass it yet. A pullback back to support is forming.

Technical analysis on the high timeframe:
1) Price is in the long zone
2) Local level 1988 is formed on the chart on the right, yesterday's bar closes above this level, marking a strong support level (red dotted line on the main chart)
3) Price is in the long zone
4) Bullish trend - looking for support levels to buy

Technical analysis on the low timeframe
1) The price makes another retest of local resistance line
2) The price returns to support.
3) We should consider two types of strategies:
3.1) buying from the 1987 level
3.2) Buying upon breakdown of the descending resistance line
4) Since the trend is bullish and the price forms a consolidation, the medium-term potential remains in the form of a break-up of 2000, a retest of 2025 and a test of 2050.