Description
⋅ 🏃♂️Gold is moving in the 🟡Potential Reversal Zone(PRZ)($2,135-$2,108)🟡
🌊According to the theory of Elliott waves, it seems that Gold has managed to complete the main wave 3 at $2,195.235(All-Time High(ATH)).
🌊Gold is completing the main wave 4, so it seems that this corrective wave's structure is Zigzag(ABC/5-3-5).
💡One of the signs of the end of the main wave 4 can be the breaking of the Resistance line.
🔔I expect Gold to move up towards 🎯Targets🎯on the chart as it enters the 🟡Potential Reversal Zone(PRZ)($2,135-$2,108)🟡.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
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