Gold Analysis (Expect More Falling)!!!Gold has managed to break the Support zone($2,337-$2,318) and 50_SMA(Daily) .
According to Elliott's wave theory , Gold is completing its next 5 downtrend waves .
It is possible to form a Descending Channel , Gold can react to the lower line of the descending channel.
I expect Gold to continue falling to the next Support zone($2,272-$2,248) .
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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