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Elliott Wave#XAUUSD 4H07 October 2026

#XAUUSD 4H

Technical Analysis

#XAUUSD 4H

The downtrend is expected to end at the specified support zone, followed by the start of an upward trend.

If the price breaks below the support zone, the downtrend may continue toward the next support levels.

⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the next market scenario.

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