Gold 3988 short positioned—has the 4-hour reversal signal already appeared?



$XAU /USDT - SHORT (sell)

Trading plan:
Entry: 3984.40 – 3992.52
SL: 4027.47
TP1: 3959.20
TP2: 3939.70
TP3: 3910.44

Why focus on this setup?
- Currently XAU/USDT is around 3988.46. The 1-hour EMA is clearly capping price pressure. The 15-minute RSI is only 39.19, and bearish momentum has not fully exhausted.
- The 1-day trend is ranging, but the 4-hour direction has already turned bearish. ATR 16.25 indicates there is plenty of room for volatility.
- Why now? The 3984–3992 range is a short-term resistance zone. A stop-loss at 4027 is controllable; the first target is 3959. The risk-reward ratio is over 2:1.

Discussion:
Will this SHORT reach TP1 3959 first, or is it a stop-run that triggers a selloff rebound?
XAU-1.14%
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