Gold 4019’s fake breakout—did you get lured into buying high?



$XAU /USDT - Short SHORT

Trading plan:
Entry: 4018.31 – 4020.81
SL: 4031.58
TP1: 4010.54
TP2: 4004.53
TP3: 3995.51

Why focus on this structure?
- 4H SHORT signal triggered; 15-minute RSI 60.7 nearing overbought, short-term momentum fading
- Enter at 4019.56; TP1/2/3 at 4010–3995; SL 4031 for protection
- Within the daily consolidation range, shorting at the high end offers a better risk-reward—why now? Because after a fake breakout, the pullback probability is >65%

Discussion:
XAU-0.05%
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