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Gold shorts have already set up at 4143, are you brave enough to follow?
$XAU /USDT - SHORT
Trading Plan:
Entry: 4128.82 – 4134.70
SL: 4159.95
TP1: 4110.62
TP2: 4096.53
TP3: 4075.38
Why focus on this structure?
- 15-minute RSI is only 33.57, oversold but no reversal yet, bearish momentum continues.
- 4H level SHORT signal activated, stop loss at 4159.95, risk-reward ratio 1:2.
- Why now? Price triggered at 4131.76, TP1 already targeting 4110.62, intraday trend biased towards range-bound bearishness.
Discussion:
Will this move hit TP1 first, or will it directly spike to 4143 to trap bulls?