XAUUSD H1 Bearish

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XAUUSD H1 BearishGold vs US DollarPEPPERSTONE:XAUUSDfullpriceactionOn this 1-hour timeframe chart of Gold against the US Dollar, we observe a bearish technical setup materialized by a pull back following the breakdown of an upward trendline. After topping near the 0.618 Fibonacci retracement level, prices dropped, broke the diagonal support, and completed a pullback movement on it. This dynamic suggests a potential continuation of the decline towards the lower support zone and the 3981.90 level indicated by the arrow.