Gold price 4-hour top divergence, bears have 95% win rate, dare you follow?



$XAUT /USDT - SHORT

Trade Plan:

Entry: 4089.9 – 4097.1
SL: 4128.0
TP1: 4067.6
TP2: 4050.4
TP3: 4024.5

Why focus on this structure?

• Clear trend: 1D bearish dominant, 4H EMA suppressing downward
• RSI on 15min at 33.76, sufficient momentum to continue bottoming
• Current price 4093.5, only 1% to TP2 (4050.4), risk-reward ratio >2:1
• Stop loss at 4128.0, breaking below 4097.1 triggers acceleration, it's a drop not a range

Discussion:

For this short trade, do you bet TP2 will hit first, or worry about a bear trap bounce?
XAUT-2.05%
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