Gold is lying in wait for a short at 4117—are we going to grab $50 this move?



$XAU /USDT - SHORT the position

Trading plan:
Entry: 4115.91 – 4118.61
SL: 4130.18
TP1: 4107.57
TP2: 4101.12
TP3: 4091.43

Why focus on this setup?
$XAU /USDT: 4H timeframe direction is clear—SHORT, confidence 55.4%
• Current price is 4117.26, right within the entry zone (4115.91-4118.61)
• 15-minute RSI 48.06, neutral to weak, downside room opens
• Why now? The daily trend is ranging, but the 4H bearish signal has been activated. TP1 at 4107.57, TP2 at 4101.12, stop loss at 4130.18, risk-reward is about 2:1

Discussion:
Around TP2 at 4101, is it a continuation of the short trend or a bear trap rebound?
XAU0.17%
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