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Gold just flashed a 4h SHORT signal at 4156—here’s why most traders will ignore it.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4153.39 – 4158.55
SL: 4180.71
TP1: 4137.42
TP2: 4125.05
TP3: 4106.49
Why this setup?
RSI 49.78 on 15m shows no momentum spike, confirming $XAU /USDT is stalling in a range. ATR 10.3 means tight stops—entry at 4155.97 with TP2 at 4125 is a high-reward risk. Why now? The 1D trend is range, so shorts thrive on rejection from resistance.
Debate:
Are you shorting gold here or waiting for a fakeout above 4160?