XAU short trap or real breakout? 4035 is the final line of defense



$XAU /USDT - SHORT sell

Trading plan:
Entry: 4032.33 – 4039.15
SL: 4068.46
TP1: 4011.20
TP2: 3994.84
TP3: 3970.29

Why focus on this structure?
- The 4H timeframe issued a SHORT signal, but on the 1D timeframe it’s still ranging—buyers and sellers are locked in a fierce battle.
- RSI (15m) is only 38.47, close to oversold, and the risk of a short-term rebound is building up.
- Entry price is 4035.74, TP1 is 4011; if RSI rebounds to 50+ , the short could get bitten back.
- Why now? Because ATR (1h) is 13.6, showing volatility has tightened—breakout is likely soon, and the direction will be decided in the next few candles.

Discussion:
Is this SHORT directly smashing into TP2 (3994), or will it first pull back to 4060 to lure longs before dropping?
XAU-0.05%
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