Exited the XAU long at 3,948; afterward, the 1H candle closed below 3,946, and the pullback was realized.

Now at 3,930: rose to 3,977 then pulled back; two 1H candles closed below 3,946. 1 lot = 1 oz ≈ 3,930U.

Conservative: consider a light short if a rebound fails to break 3,946; stop at 3,960
Aggressive: short with the trend if the 1H candle closes below 3,921; stop at 3,935
Invalidation: 1H candle closes back above 3,946

$XAU #XAUUSDT