At this level of 4014, what are the shorts waiting for?



$XAU /USDT - Going short (SHORT)

Trading plan:
Entry: 4013.83 – 4014.91
SL: 4019.53
TP1: 4010.50
TP2: 4007.92
TP3: 4004.05

Why focus on this structure?
- The 1-hour EMA and RSI on the 15m timeframe (42.67) both point to a weak market, with insufficient rebound momentum.
- On the 4-hour level the bias is bearish; TP1 4010.50 and TP2 4007.92 provide clear room.
- If you enter now, with a stop loss at 4019.53, the risk is controllable and the reward-to-risk ratio is close to 1:2.

Discussion:
Will this move reach TP2 first, or is it a bull trap?
XAU-0.15%
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