Are the gold bulls still clinging on? The 4-hour signal is already flashing red



$XAU /USDT - SHORT (sell)

Trading plan:
Entry: 4013.4 – 4021.2
SL: 4054.3
TP1: 3989.5
TP2: 3971.0
TP3: 3943.3

Why focus on this setup?
- Currently, XAU/USDT is ranging around 4017; RSI on the 15-minute chart is 62.52. It hasn’t hit overbought, but momentum is weakening.
- The daily trend is a range, and the 4-hour direction is clearly SHORT, with 55% confidence, implying downside pullback risk.
- Why now? The entry zone is 4013–4021; TP1 is 3989.5 (about 0.7% away from current), and the stop loss is 4054.3, with a risk-reward ratio close to 2:1.

Discussion:
Will this move reach TP2 at 3971 first, or will it fake a selloff and rebound to break 4054?
XAU0.55%
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