๐โโ๏ธGold is moving near the ๐กPotential Reversal Zone(PRZ)($2,210-$2,197)๐ก and has reacted well to this zone.
๐According to the Elliott wave theory, the Double Three Correction(WXY) seems to have been completed.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
๐I expect Gold to drop to at least one of the ๐ฏTargets๐ฏ I've outlined on the chart after breaking the Support line.
Gold Analyze ( XAUUSD ), 1-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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