Can you dare to follow this wave of gold short positions?



$XAU /USDT - SHORT

Trading plan:
Entry: 4017.15 – 4020.03
SL: 4032.42
TP1: 4008.21
TP2: 4001.30
TP3: 3990.92

Why pay attention to this structure?
The current 4-hour timeframe signal is SHORT, with a confidence of 55.4%.
- The 15-minute RSI is 54.42; it hasn’t reached overbought, but the 1-day trend is ranging, which is suitable for grabbing pullbacks in the short term.
- Entry reference: 4018.59; TP1: 4008.21 (-10 points), TP2: 4001.30 (-17 points), SL: 4032.42.
- Why now? ATR (1 hour) is 5.76; volatility is moderate, the stop-loss is controllable, and the risk-reward ratio is 1:2.5.
Note: Reverse target TP1 4028.97 (+10 points); be alert for a fake breakout.

Discussion:
Will TP2 hit first or will SL trigger first? What’s your take?
XAU0.15%
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