Gold(XAUUSD) seems to have managed to break the Support zone($2,670-$2,653). It is currently completing a pullback to this zone, so the pullback pattern appears to be a rising wedge pattern.
According to Elliott's wave theory, Gold seems to have completed wave 4.
I expect Gold to continue falling to the next Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ)[$2,640-$2,634].
⚠️Note: If Gold breaks the Resistance zone($2,665-$2,662) and resistance line, we can expect gold to rise further.⚠️
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Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
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Trade aktif
Trade was activated (near the resistance line and FIB level)
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