Has the gold bulls trap already appeared? 4030 shorts waiting for a waterfall



$XAU /USDT - SHORT to go short

Trading plan:
Entry: 4027.09 – 4033.01
SL: 4058.45
TP1: 4008.75
TP2: 3994.55
TP3: 3973.25

Why focus on this structure?
• 4H SHORT signal, 55% confidence; the 1D trend is a consolidation range, with clear overhead resistance
• 15M RSI 61.09, near the overbought zone, strong need for a short-term pullback
• Current price 4030.05, TP1 4008.75 (-0.53%), TP2 3994.55 (-0.88%), SL 4058.45 (+0.70%)
• Why now? RSI falling from the highs + resistance at the top of the range; risk-reward is above 1:2, suitable for a light probe with a small position

Discussion:
Will this drop hit TP2 first, or will it lure a selloff-and-bounce reaction to 4050? Have you placed your orders?
XAU1.71%
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