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Everyone is bullish on gold—until they see what’s happening to XAUT right now.
$XAUT /USDT - SHORT
Trade Plan:
Entry: 4290.1 – 4296.1
SL: 4322.1
TP1: 4271.4
TP2: 4256.9
TP3: 4235.1
Why this setup?
4H timeframe just flipped SHORT with 95% confidence. RSI on 15m is at 38, still room to fall. Daily trend is bearish, and the first target (TP1) at 4271.4 is only 0.5% away. Why wait? Momentum and structure both align against the bid.
Debate:
Are you shorting XAUT into TP2, or do you think the dip is a fakeout before a reversal?