Gold(
XAUUSD) is moving in the Resistance zone($3,032-$3,021) and has managed to break the Resistance lines.
In terms of Elliott Wave theory, it seems that Gold has completed the main wave 4. The structure of the main wave 4 is Double Three Correction(WXY). One of the signs of the completion of the main wave 4 can be the breakdown of the resistance lines and the Resistance zone($3,032-$3,021).
I expect Gold to trend upwards in the coming hours and can even create a New All-Time High(ATH).
Do you think Gold can create a new All-Time High(ATH)?
Note: If Gold goes below $3,013, we should expect more dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
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