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Gold just flashed a 4H short signal—are you holding $XAU /USDT bags?
$XAU /USDT - SHORT
Trade Plan:
Entry: 4258.1 – 4270.9
SL: 4325.6
TP1: 4218.7
TP2: 4188.1
TP3: 4142.3
Why this setup?
RSI on the 15m is 38.53 and sinking. 1D trend is range, so shorts have room to breathe. Entry zone 4258–4270 with TP2 at 4188 is still active. Why now? ATR shows 25.5 volatility—ideal for a quick 1% scalp before invalidation at 4307.
Debate:
Is 4188 your TP2 target or just a liquidity trap before a bounce?