Gold’s 4H chart just triggered a signal we haven’t seen in weeks. $XAU/USDT

🟡 $XAU – SHORT Setup

Trade Plan:

Entry: 4975.351897 – 4990.199113

SL: 5027.317154

TP1: 4938.233855

TP2: 4923.386639

TP3: 4893.692206

Why this setup?

• The 4H structure is leaning short, but confidence sits around 55% — this looks more like a range play than a clean trend continuation.

• RSI (15m) at 61.48 shows price recently pushed into short-term overbought territory, creating a potential fade opportunity.

• Clear invalidation and target levels: entry around 4983, first target near 4938, with a tight stop above 5027.

The Question:

Is this a high-probability rejection from range highs — or just a fakeout before a squeeze toward 5040+?

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