Now it's time for๐Ÿฅ‡Gold๐Ÿฅ‡to Fall

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โœ…As I expected in yesterday's post, Gold started to rise again after breaking the Resistance lines and reacting to the upper Resistance lines and the ๐Ÿ”ดResistance zone($2,071_$2,054)๐Ÿ”ด.

๐ŸŒŠRegarding Elliott wave theory, It seems that Gold has completed the Zigzag Correction(ABC/5-3-5) on the Resistance lines and the ๐Ÿ”ดResistance zone($2,071_$2,054)๐Ÿ”ด, and now we have to wait for Gold to fall.

๐Ÿ’กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.

๐Ÿ””I expect Gold to fall to at least the Uptrend line.

Gold Analyze ( XAUUSD ), 1-hour time frame โฐ.

Do not forget to put Stop loss for your positions (For every position you want to open).

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