Gold XAU/USDT is a trap for longs, are you brave enough to short?



$XAU /USDT - SHORT

Trading plan:
Entry: 4117.38 – 4125.38
SL: 4159.75
TP1: 4092.60
TP2: 4073.42
TP3: 4044.64

Why pay attention to this structure?
- Bearish on the 4-hour timeframe, sideways on the daily, clear direction is SHORT.
- RSI 15-minute at 60.22, close to overbought zone, high correction pressure.
- Entry at 4121.38, TP2 at 4073.42, stop loss at 4159.75, good risk-reward ratio.
- Why now? Daily has been consolidating for days, bearish signal just emerged, timing is right.

Discussion:
Will this short hit TP2 first, or be killed by the bulls?
XAU1.13%
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