GOLD - Price can exit from pennant and fall to support level

Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊

Some time ago price started to decline in falling channel, where it first reached resistance line and continued to fall.

Gold in a short time fell to support line of pennant, thereby breaking $1995 level, but soon price bounced from this line back.

Soon, XAU exited from channel and later rose to resistance line of pennant, but then it made correction to support line.

Recently it bounced from this line and reached resistance line again, breaking $2045 level, which coincided with support area.

Also recently, Gold bounced from this area and now it continues to rise in pennant, so I think price can rise a little.

Then XAU bounces down to $2045 support level, thereby exiting from pennant.

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