Gold bears are laying in wait at 4022—are you still chasing longs?



$XAU /USDT - SHORT

Trading plan:
Entry: 4019.91 – 4025.83
SL: 4051.28
TP1: 4001.56
TP2: 3987.35
TP3: 3966.05

Why focus on this structure?
- Clear direction on the 4-hour timeframe: SHORT, confidence 55.4%, not ambiguous.
- The 15-minute RSI is 51.48, in the neutral zone, but the 1-hour EMA is clearly capping price—any rebound is the entry point.
- Why now? The current price 4022.87 is exactly at entry_ref. It’s within the 4019–4025 range, with an excellent risk-reward: TP1 4001 (-0.5%), TP2 3987 (-0.9%), while the stop loss is only 4051 (+0.7%).
- The intraday trend is ranging, but the bearish signal triggered earlier—waiting for a pullback is worse than entering directly.

Discussion:
Will this move hit TP2 at 3987 first, or will it fake a breakout and sweep stops up to 4051? Which side are you on?
XAU1.29%
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