XAU/USD 4H Bearish Continuation Setup Analysis:

365
Price recently rejected from the key resistance zone around 3,370–3,380 (highlighted in yellow).

A double top pattern is evident, indicating bearish pressure.

Price broke the rising trendline support and is forming lower highs.

Immediate support levels lie at:

3,291.46

3,290.79


A confirmed break below this support could send price toward the next major support at 3,250.04, which aligns with the projected move.


Bearish Bias:

As long as price remains below 3,344, the structure favors further downside.

Watch for a break and retest of the 3,291–3,290 zone for confirmation.


📉 TP Zones:

TP1: 3,291

TP2: 3,250


🛑 Invalid if price breaks above: 3,344

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