To update the chart with a clear description of gold's movement, consider adding the following elements:
1. Current Trend:
Gold has broken the 2765 resistance and is moving upward.
The next target is 2780, where the next resistance is expected.
2. Support & Resistance Levels:
2765 now acts as support, meaning price may retest this level before continuing higher.
If 2780 is broken, further bullish movement could continue.
3. Possible Scenarios:
Bullish: If gold stays above 2765, it could reach 2780 and possibly higher.
Bearish: If price drops below 2765, it could retest lower support around 2748-2750 before making another move.
Would you like me to annotate the chart for you with these descriptions?