XAUUSD commentary week 44 from November 1 to November 5

H4 time frame.
Structure: The falling price breaks the ascending channel.
The price is currently likely to test the 1785 resistance and the previous uptrend line at 1790.
Wait for the price to confirm the downtrend after testing these prices, then you can find a selling opportunity.
The profit target is the 1760 price zone.
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Wish you all have a good trading day!