Gold Bearish Breakdown After Double Top

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Gold Bearish Breakdown After Double TopGoldOANDA:XAUUSDAlpha_Trade_Scope The chart shows a clear bearish structure following a **double top formation** near the 4725–4750 resistance zone. After failing to break higher, price respected a descending trendline and moved below the Ichimoku cloud, confirming downside momentum. Strong selling pressure pushed price lower with continuation candles, indicating bearish control. A minor consolidation formed, but sellers remained dominant, leading to another sharp drop toward key support. **Target:** Primary target is around **4400**, marked as the next major support level. Further continuation below this zone could extend the bearish move. **Bias:** Bearish continuation unless price breaks and holds above the descending trendline.