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Gold bearish signal triggered, are you brave enough to follow?
$XAU /USDT - SHORT
Trade Plan:
Entry: 4166.42 – 4173.14
SL: 4202.00
TP1: 4145.61
TP2: 4129.50
TP3: 4105.34
Why focus on this structure?
• 4H bearish, RSI 15m overbought (67.34) in a choppy trend, a short opportunity emerges.
• Entry price 4169.78, TP1 4145.61, TP2 4129.50, SL 4202.00, clear risk-reward ratio.
• Why now? Overbought signals stacked within a range, bears have the edge.
Discussion:
Will this move hit TP2 first, or is it a bear trap?