UnknownUnicorn3817558

XAUUSD _ 1st week of May 2021

FX_IDC:XAUUSD   黄金现货/美元
1. S1 level plays vital role as key area as price had retest the area 4 times including last week

2. Price may continue forming lengthy correction and potentially price will heading towards R1

3. I would probably aiming for Long position once the price has clearly break the resistant trendline

*Key is to wait for the price action and structure
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