In the midst of gold bears laying in ambush, can this $XAU /USDT move reach TP2?



$XAU /USDT - Sell SHORT

Trading plan:
Entry: 4114 – 4118
SL: 4136
TP1: 4101
TP2: 4092
TP3: 4077

Why focus on this structure?
- On the 4H timeframe, the bearish signal is activated; the entry is near 4116, with a stop-loss at 4136, and the risk-reward ratio is reasonable.
- On the 15M RSI is only 52.5, not overbought, leaving room for the downside.
- On the 1H ATR is 8.15, with moderate volatility; TP1 4101 and TP2 4092 are key nearby support levels.

Discussion:
Are you betting this wave hits TP2 4092 first, or that you get blown out after 4129?
XAU0.28%
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