XAU shorts are setting up traps above 3999?



$XAU /USDT - SHORT to short

Trading plan:
Entry: 3995.40 – 4002.70
SL: 4034.06
TP1: 3972.79
TP2: 3955.28
TP3: 3929.02

Why focus on this setup?
- 4-hour timeframe is clear: SHORT. Confidence 55% is just average, but within the daily consolidation, taking shorts from higher levels is safer.
- Entry at 3999.05. RSI on the 15m is neutral at 52.8—not overheated, suitable for a left-side limit order.
- Target TP1 3972.79, stop-loss 4034.06. Risk-reward is about 2:1, worth the play.

Discussion:
Will you take profit at TP1 first, or go straight to stop-loss?
XAU-0.91%
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