Gold price stuck at 4018—what are the shorts waiting for?



$XAU /USDT - SHORT (sell)

Trading plan:
Entry: 4015.66 – 4022.32
SL: 4050.99
TP1: 3994.99
TP2: 3978.99
TP3: 3954.99

Why focus on this structure?
- The 4H SHORT signal is active. RSI (15m) at 58.87 has not hit overbought yet, and there’s still room to the downside
- Key resistance: 4022.32. If it breaks, the shorts will be invalidated. Below, TP2 at 3978.99 offers a risk-reward ratio of 2.6:1
- Why now? The 1D trend is ranging. With the 4H bearish signal plus the 15-minute RSI pullback, the probability of a short-term retracement is higher than a breakout

Discussion:
Will this move reach TP2 first, or will you get swept out by the SL?
XAU-0.81%
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