Is gold set to break trend tonight? XAU/USDT 4H bearish positions are already in place



$XAU /USDT - SHORT to go short

Trading plan:
Entry: 4104.01 – 4105.33
SL: 4111.01
TP1: 4099.92
TP2: 4096.75
TP3: 4092.00

Why pay attention to this structure?
- Current direction: SHORT, confidence 55%, bearish on the 4H timeframe.
- Why now? RSI (15m) is only 39.61, close to oversold but not reversed; the 1D trend is range-bound, with bears having the upper hand in the chop.
- Key levels: entry 4104.67, TP1 4099.92, TP2 4096.75, SL 4111.01. If price breaks SL, there’s an ALT long opportunity at 4109.42.
- Risk warning: ATR (1h) is 2.64, volatility is manageable, but watch out for a fake breakout.

Discussion:
Will this short hit TP2 first, or will it be a stop-hunt bounce up to 4111?
XAU-2.16%
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