As we know Russian Sputnik vaccine news had impacted gold to start falling. This trendline is very strong and tested manytimes. + support line 1 is crossing. So I think it will reject strongly.
USA federal reserve guys are gonna tell us something important soon but that won't effect gold very much. Because vaccination is ongoing. Which means we will coming to live...
I think price is double bottoming now. + it is at the bottom of the falling wedge pattern and on the top of strong support zone.
If price goes up to check the TP1 we have to observe for next move. pullback and go tp2 goodluck