Gold is moving in the Heavy Resistance zone($2,484-$2,431) and Resistance line.
According to the theory of Elliott waves, Gold seems to have succeeded in completing a Zigzag Correction(ABC/5-3-5) near the resistance line.
Also, we can see Regular Divergence(RD-) between Consecutive Peaks.
I expect Gold to GO down to at least the Support line.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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