98 explorer reverse issue

I have a 98 explorer 4.0 XLT.with 133,000 miles . On cold morning startups, When shifting into reverse theres a 2-4 sec delay in it catching reverse gear. I've checked the fluid level and its fine. When Its warm out or after driving it shifts with no delay. All forward shifts are fine. Any suggestions on the cause of this??

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ireb
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