XAUUSD _ April 2021
From EWave's perspective, looks like the price will continue to expand its correction by completing the ABC pattern
I also draw the parallel channel to see if there is price rejection from the swing low trendline which also in line with 61.8% fib level
We could take an immediate Long position before waiting for a bigger drop
I also draw the parallel channel to see if there is price rejection from the swing low trendline which also in line with 61.8% fib level
We could take an immediate Long position before waiting for a bigger drop
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