🏃♂️Gold is moving in the 🟡Potential Reversal Zone(PRZ)($2,320-$2,280)🟡 and near the upper line of the Ascending Channel.
🌊According to the Elliott wave theory, Gold seems to have succeeded in completing main wave 5.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Gold to have a downward trend in the coming hours and at least decrease to the Support line and Uptrend line.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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