XAU/USD Price Forecast – Double Top Breakdown!

#XAU/USD#

Gold (XAU/USD) has formed a Double Top pattern at the peak of an uptrend, signaling a potential bearish reversal. With price approaching a neckline & EMA 200 breakdown, a 1,400-pip move could be on the way! 🚀

📊 Technical Analysis:

✅ 🔻 Double Top Pattern – Strong bearish reversal signal
✅ 📉 Neckline Breakdown Approaching – Key level to confirm selling pressure
✅ 📊 EMA 200 Test – If broken, expect further downside momentum

🎯 Target Levels:

📌 1,400 Pips Target – Strong bearish potential

📢 Trading Strategy:

🔹 Wait for a confirmed neckline & EMA 200 break before entering
🔹 Ensure strong bearish momentum & volume for confirmation
🔹 Set stop-loss above the neckline to manage risk

📉 Gold is preparing for a major move—trade smart & ride the trend! 💰🔥

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