Gold 4018 short position is being laid out—this time, to harvest the longs?



$XAU /USDT - go short SHORT

Trading plan:
Entry: 4016.77 – 4019.85
SL: 4033.07
TP1: 4007.24
TP2: 3999.86
TP3: 3988.80

Why focus on this structure?
The current 4-hour trend is clearly bearish. The 15M RSI at 52.1 is neutral but slightly weak, and the 1-hour ATR of 6.14 indicates limited volatility. Using 4018.31 as the reference entry, TP1 is 4007.24, TP2 is 3999.86, with a stop loss at 4033.07. The 1D trend is ranging, and the bearish signal is waiting to be triggered—so why now? The short-term rebound has little strength; the short entry point is close to resistance, which is exactly the timing to bet on a pullback.

Discussion:
Will this move reach TP2 first, or is it a bull trap?
XAU-0.05%
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