#XAUUSD 4H

Based on the 4-hour analysis, the price has successfully broken below the major support level at 2600.00 and closed beneath it. This indicates a potential bearish move, with the next target expected around 2545.00.

However, before reaching 2545.00, a minor retracement is anticipated near 2660.00/2665.00, after which the price may continue towards the final target.

Let’s observe how the market unfolds.