#Timeframe: Weekly
Following the previous analysis in the weekly time, it seems that an AB=CD pattern is completing.
Therefore, I expect that it will not rise above 1963, while it is also channelized, and in the future, we should wait for gold to fall. Of course, the confirmation candle has not yet been registered in the weekly time, so we can still wait for the confirmation of the weekly or daily candle.
Following the previous analysis in the weekly time, it seems that an AB=CD pattern is completing.
Therefore, I expect that it will not rise above 1963, while it is also channelized, and in the future, we should wait for gold to fall. Of course, the confirmation candle has not yet been registered in the weekly time, so we can still wait for the confirmation of the weekly or daily candle.