As you can clearly discern from the chart I've meticulously laid out, GOLD has undergone quite a sharp downturn lately. However, on the flip side, we observe a flawless price channel culminating in a substantial supply zone. It's at this juncture that we witness gold experiencing a spirited rebound, surging back up to the 1850 level. My next conjecture is that gold might ascend further, potentially reaching the coveted 2000 mark. This is especially plausible given the recent developments in Palestine versus Israel, which significantly impacted the market. These events even played a role in the notable opening gap that occurred across various assets.