Gold bears are lying in wait. Can XAU/USDT reach TP2 on this move?



$XAU /USDT - SHORT

Trade Plan:
Entry: 4135.29 – 4141.19
SL: 4166.52
TP1: 4117.03
TP2: 4102.89
TP3: 4081.69

Why focus on this structure?
- Current 4H trend is bearish, 15M RSI at 53.78, not overbought, still room for downside in the short term.
- Referencing EMA structure, price is around 4138. If it breaks below 4141.19, it could accelerate towards 4117.03 (TP1) and even 4102.89 (TP2).
- Why now? Within the consolidation range, bearish signals have just started, waiting for confirmation.
- Note that the SL is set at 4166.52, risk is manageable.

Discussion:
Do you think this move will hit TP2 first, or is it a bull trap?
XAU0.07%
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