🚨Gold is Ready to Go Down🚨_Can Gold make New ATH again❗️❓

pejman_zwin Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold managed to create a New All-Time High(ATH) at the beginning of the week.

🏃‍♂️Currently, Gold is moving near the 🔴Resistance zone($2,450-$2,426)🔴.

🌊According to the Elliott wave theory, Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔I expect Gold to continue falling to at least the 🟢Support zone($2,373-$2,353)🟢.

Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.

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Trade active
Support in front of Gold is the lower line of the Ending Expanding Diagonal.
New Update

Gold was able to break the lower line of Ending Expanding Diagonal, As I expected.
Trade closed: target reached
if Gold breaks the🟢Support zone($2,373-$2,353)🟢, we have to wait for $2,340(at least)

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