Gold $XAU /USDT short trap— is this a bull trap rally or a real drop?



XAU_USDT - SHORT short

Trading Plan:
Entry: 4063.73 – 4072.93
SL: 4112.52
TP1: 4035.19
TP2: 4013.10
TP3: 3979.95

Why pay attention to this setup?
- The 4H SHORT signal has been triggered: entry at 4068.33, stop loss at 4112.52.
- The 15-minute RSI is only 42.74; momentum is weak, and the 1D trend is still range-bound.
- Why now? Price is approaching the EMA resistance zone; the short TP1 target is 4035.19, with a risk-reward ratio of 2.4:1.

Discussion:
Do you think the short at 4068 will hit TP1 first, or will it get squeezed up to 4112?
XAU-2.21%
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