XAU Short Ambush: 4H RSI Overbought—Will This Pullback Hit TP2?



$XAU /USDT - SHORT

Trade Plan:
Entry: 4107.5 – 4115.5
SL: 4149.8
TP1: 4082.8
TP2: 4063.6
TP3: 4034.9

Why this setup?
- XAU/USDT currently at 4111.5, 15-minute RSI at 69.66, clear short-term overbought signal.
- 4-hour trend is bearish, support at 4082.8 (TP1) and 4063.6 (TP2), stop at 4149.8.
- Why now? High RSI combined with daily range-bound movement, short win rate 55%, waiting for entry confirmation.

Discussion:
Do you think this wave will hit TP2 first, or see a fake-out rally?
XAU1.12%
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