Gold XAU/USDT, this bearish move—are you brave enough to short it?



$XAU /USDT - Short SHORT

Trading plan:
Entry: 4051.13 – 4058.35
SL: 4089.37
TP1: 4028.77
TP2: 4011.45
TP3: 3985.48

Why focus on this structure?
The 4-hour SHORT signal has been triggered, with confidence at 55%. The current 15-minute RSI is 47.26—weak, but not oversold. The EMA trend shows range-bound consolidation, and ATR 14.43 indicates volatility is manageable. Why enter now? Entry is at 4054.74, right on the resistance zone—TP1 at 4028.77 and TP2 at 4011.45, with SL at 4089.37 clearly defined. If the breakout fails, the reverse target is TP3 4124.00, but the current signal is still biased bearish.

Discussion:
Will this drop first reach TP2, or is it a bull trap?
XAU0.64%
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