Gold 4061 short orders are already placed—will this drop smash down to 4000 this round?



$XAU /USDT - SHORT

Trading plan:
Entry: 4056.70 – 4065.36
SL: 4102.58
TP1: 4029.87
TP2: 4009.09
TP3: 3977.93

Why focus on this structure?
On the 4-hour timeframe, bearish signals are showing. The 15-minute RSI is 49.89, neutral but slightly weak; the 1-hour ATR of 17.3 indicates there’s enough room for movement.
- Enter at 4061, stop at 4102; the risk-reward ratio is over 1:2. TP1 targets 4029, and TP2 targets 4009.
- The 1-day trend is still ranging, but the short-term bearish pressure has already been confirmed. Entering now is the right time to catch the pullback’s middle phase.

Discussion:
Will this first hit TP2, or will it fake up, pull back, and then drop? Share your thoughts in the comments section.
XAU1.30%
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