XAU bears ambush, 4-hour EMA death cross imminent?



$XAU /USDT - Short SHORT

Trade Plan:
Entry: 4125.11 – 4132.15
SL: 4162.43
TP1: 4103.28
TP2: 4086.38
TP3: 4061.04

Why pay attention to this structure?
- Current price is near the 4-hour EMA resistance, 15-minute RSI at 57.68 is not overbought, bears have room.
- Daily range-bound pattern, but SHORT signal confidence 55%, entry range 4125-4132.
- Why now? ATR 14 indicates moderate volatility; if it breaks below support at 4125, TP1 at 4103 is within reach.

Discussion:
Do you think this bearish move will hit TP2 4086 first, or a false breakdown rebound?
XAU-2.16%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned