Has the gold 4-hour short trap been laid out already?



$XAU /USDT - SHORT

Trading plan:
Entry: 4109.52 – 4111.38
SL: 4119.39
TP1: 4103.74
TP2: 4099.27
TP3: 4092.56

Why focus on this structure?
- RSI on the 15-minute chart is only 45.7, indicating the rebound lacks strength and shorts have the edge.
- The current price is 4110.45, tightly testing the EMA resistance zone, and the 4-hour trend is bearish.
- The primary direction is SHORT; TP1 is at 4103.74 and TP2 at 4099.27, with a reasonable risk-reward ratio.
- Why now? Intraday range-bound action—short signals have just activated, and the entry point is precise.

Discussion:
Will this move reach TP2 first, or will it be a stop-hunt rebound?
XAU-0.30%
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