Gold XAU is laying in short orders at 4016—will you follow?



$XAU /USDT - Short SHORT

Trading Plan:
Entry: 4016.16 – 4017.32
SL: 4022.26
TP1: 4012.60
TP2: 4009.83
TP3: 4005.69

Why pay attention to this structure?
- The 4H timeframe signal points to SHORT, confidence 55— not strong, but effective.
- The 15M RSI is 60.35, close to the overbought zone, increasing short-term pullback pressure.
- The current price is 4016.74, right at the 1H EMA support level. If it breaks 4012.6 (TP1), the target will point straight to 4009.
- Why now? The daily range hasn’t been broken; the logic of buying high and selling low still holds, making the short’s odds more favorable.

Discussion:
Will this move reach TP2 4009 first, or will it lure longs into a rebound toward SL 4022? Share your view!
XAU0.23%
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