XAUUSD TP 4600Gold vs US DollarPEPPERSTONE:XAUUSDXTrendSpeedOn the 4-hour chart, XAUUSD is trending downwards, with bears holding the upper hand in the short term. The price is currently trading below the downtrend line, with a downside target around 4600. If the price breaks through the resistance around 4772, an upward move is expected.