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XAU shorts are laying in ambush—this pullback aims for 4013
$XAU /USDT - SHORT
Trading plan:
Entry: 4035.96 – 4043.34
SL: 4075.12
TP1: 4013.05
TP2: 3995.31
TP3: 3968.71
Why focus on this structure?
- The 4H timeframe direction is clearly SHORT, the signal is armed, entry reference at 4039.65
- 1H RSI 45.9, weak bias, and the 1D trend is ranging—shorts have room
- ATR 14.78, moderate volatility; TP1 at 4013.05, with a reasonable risk-reward ratio
Discussion:
Is 4013 the first target, or should we go straight for 3995? Have you placed your orders?