Gold’s Three Soldiers Pattern Signal: A Strong Rally Ahead?

Gold(XAUUSD) is breaking the Resistance zone($2,930-$2,916) and the Neckline of the Inverse Head-and-Shoulders Pattern.

According to the Elliott wave theory, the Zigzag Correction(ABC/5-3-5) is over, and we must wait for the next impulse wave.

Also, the Three Soldiers Candlestick Pattern is a good sign to break the Resistance zone($2,930-$2,916) and neckline.

I expect Gold to rise to at least $2,953, if the Resistance zone($2,957-$2,940) is broken, we should wait for Gold to rise to the Potential Reversal Zone(PRZ)[$3,005-$2,990].

Do you think Gold can make a new All-Time High(ATH)?

Note: If Gold goes below $2,887, it should expect more gold Dumps.

Gold Analyze ( XAUUSD ), 1-hour time frame.

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