XAUUSD ANALYSE H4Gold vs US DollarPEPPERSTONE:XAUUSDfullpriceactionThe technical analysis on the 4H Gold chart (XAU/USD) highlights a bearish setup centered around a supply zone / bearish order block ("Ob bearish") located below the key level at 4,240.00. Price retraced into this supply zone, where a rejection materialized through the formation of an H1 double top ("Double top h1") near the 0.786 Fibonacci retracement level. The decline initiated following this rejection shows a loss of buying momentum around the 0.618 and 0.5 retracement levels, driving the structure toward a breakdown of the intermediate level at 4,116.06. If this support gives way, the main scenario projects an acceleration of bearish momentum toward level 0 at 4,080.00, and ultimately toward the major target located at 4,012.52.