What are the bears lying in wait for at this XAU/USDT level?



$XAU /USDT - SHORT

Trade Plan:
Entry: 4137.07 – 4142.63
SL: 4166.51
TP1: 4119.85
TP2: 4106.52
TP3: 4086.53

Why pay attention to this structure?
- 4H timeframe direction is clear: SHORT, confidence 55.4%, trend 1D consolidation.
- Current price 4139.85, close to EMA resistance, 15-minute RSI only 36.07, momentum weak.
- Why now? Entry zone 4137-4142 has been triggered, TP1 4119.85 is in sight, bull trap? Bearish logic prevails.

Discussion:
Will this move first reach TP2 4106.52, or fail with a pullback to 4143.97?
XAU-0.55%
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