XAUUSD commentary week 42 from October 18 to October 22

H4 time frame.
Structure: Uptrend.
After the price up to break Key Level, there was no confirmation move but a strong down.
Here the price has no confirmation of the downtrend and is stopping at the support level of 1770.
From here, a new accumulation zone is likely to form with a range from 1770 - 1800.
At the 1770 support zone, we can wait for bullish reversal patterns to buy on the 1-hour time frame.
The profit target is the 1800 zone.
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Wish you all have a good trading day!