XAUUSD _ 1st week of May 2021
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
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