Gold Conspiracy: $XAU /USDT 4-hour level harbors hidden dangers?



$XAU /USDT - Short SHORT

Trading Plan:
Entry: 4125.77 – 4131.61
SL: 4156.72
TP1: 4107.67
TP2: 4093.65
TP3: 4072.63

Why focus on this structure?
- 1D trend sideways, 4-hour direction clearly short: current RSI(15m)=39.88, bearish momentum not exhausted.
- Key entry zone 4128.69, stop loss 4156.72, TP1=4107.67, TP2=4093.65—risk-reward ratio near 2:1.
- Why now? Price just retested the 4-hour EMA, if it breaks below support at 4125.77, shorts accelerate.

Discussion:
Will this SHORT first hit TP2 then bounce, or directly induce longs to trigger stop loss?
XAU0.54%
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