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XAU bulls are ambushing at 4032, do you dare to follow?
$XAU /USDT - LONG
Trade Plan:
Entry: 4027.26 – 4037.56
SL: 3968.18
TP1: 4080.58
TP2: 4112.70
TP3: 4160.88
Why focus on this structure?
- 4H LONG signal, confidence 77.4%, RSI 15M only 31.47, oversold bounce opportunity.
- Current price around 4032, near entry range 4027-4037, stop loss 3968, manageable risk.
- Targets TP1 4080, TP2 4112, risk-reward ratio above 2:1. Why now? Because oversold rebound momentum is building.
Discussion:
Will this long leg hit TP2 first, or is it a bull trap?