XAUUSD.market target 2820 entry point 2890stop loss 2880

Here's a concise trade update:

XAU/USD Trade Update

Entry Point: $2,890
Target Prices:

- Tp1: $2,895
- Tp2: $2,900
- Tp3: $2,910
- Tp4: $2,920

Stop Loss: $2,880

Current Status: RUNNING

Risk-Reward Ratio: (approximate)

Note: The initial target prices (Tp1-4) are above the entry point, which seems counterintuitive. Typically, target prices are set below the entry point for a short position or above for a long position.

Please clarify if this is a short-term scalping strategy or if there's another approach in play.