Gold Elliott Wave AnalysisGOLD / U.S. DOLLARFX_IDC:XAUUSDM_GheysvandiHello friends, On the gold chart, following the formation of a corrective flat pattern and the breakout of the downtrend line, we are witnessing the development of an upward wave. This upward movement comprises waves 1 of 5 and 3 of 5. Within wave 3 of 5, wave 4 is nearing completion, and wave 5 of 3 is currently forming. Therefore, we anticipate that upon breaking the $4,400 level and retesting it, the price will move toward $5,000. Wishing you success and profitable trades.