XAUUSD 1H — Bearish Breakdown | Targets 4,392 & 4,313Gold vs US DollarPEPPERSTONE:XAUUSDTrade_with_james1 Gold (XAU/USD) on the 1-hour timeframe has shown a strong bearish rejection after consolidating inside the 4,560–4,680 range. Price broke sharply below the range and the rising structure, confirming increasing downside momentum. 🎯 Targets TP1: 4,392.46 — first downside target / FVG area. TP2: 4,313.19 — major support zone and second target. 🔻 Technical setup Strong rejection from the 4,680 resistance zone. Breakdown from the previous consolidation range. Sharp bearish displacement toward 4,454. 4,392.46 is the immediate downside objective. If selling continues through 4,392, price can extend toward 4,313.19 support. The 4,313 area is the key level to watch for a potential reaction or reversal.