Gold shows a bearish signal on the 4-hour chart—are you daring to follow?



$XAU /USDT - SHORT

Trading Plan:
Entry: 4164.91 – 4170.21
SL: 4193.02
TP1: 4148.46
TP2: 4135.73
TP3: 4116.63

Why pay attention to this structure?
- XAU_USDT is currently quoted around 4167.56, with a 15-minute RSI of 59.67, nearing the overbought zone, indicating a need for a short-term pullback.
- The 4-hour direction is clearly SHORT, with a confidence level of 55.4%, and the 1-day trend is in a ranging zone—suitable for short-term short selling.
- Entry reference is 4167.56; TP1 is 4148.46, TP2 is 4135.73, and SL is 4193.02. The risk-reward ratio is reasonable.

Discussion:
For this short setup, are you waiting to take profit at TP2, or are you worried about a bull trap reversal?
XAU-0.80%
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