XAU/USDT 4-hour Signal: Short Position Set, But Don't Rush In



$XAU /USDT - SHORT

Trade Plan:
Entry: 4122.44 – 4129.50
SL: 4159.81
TP1: 4100.59
TP2: 4083.67
TP3: 4058.29

Why This Structure?
Why Now?
- Bearish on the 4-hour timeframe, but the RSI on the 15-minute chart is at 57.45, meaning short-term rebound momentum hasn't been exhausted.
- Referring to the EMA structure, the current price is around 4125, close to the short entry range (4122-4129).
- If the price touches 4129.50 and then pulls back, the SHORT signal is more reliable. If it breaks above 4134.64, the signal is invalidated.

Discussion:
Will this short move hit TP1 at 4100 first, or will it fake a rally back to 4140?
XAU1.44%
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