XAUUSD commentary week 40 from October 4 to October 8

H4 time frame.
Structure: Downtrend, there is an upward move that has broken the trend line.
The bearish structure is still holding with Turning Point at 1780-1787.
The current, bullish momentum has also waned and no retracement confirms the uptrend.
With the current move, it is advisable to wait to sell when the price completes the reversal patterns at 1780-1787.
The profit target is the 1720 and 1680 zone.
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Wish you all have a good trading day!