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Gold suddenly reversed, are you daring to follow this XAUT short?
$XAUT /USDT - SHORT
Trading Plan:
Entry: 4056.1 – 4064.3
SL: 4099.2
TP1: 4030.9
TP2: 4011.4
TP3: 3982.2
Why this structure?
• The 1-day trend is clearly bearish, and the 4-hour bearish signal is fully armed, confidence 95%.
• Current price around 4060, RSI on 15-min is only 42.7, rebound is weak, bearish momentum has not been released.
• Why now? EMA bearish alignment, ATR shows moderate volatility, it's the entry window.
• Targets: TP1=4030.9, TP2=4011.4, stop loss at 4099.2, risk manageable.
Discussion:
Will this go to TP2 first, or is it a bear trap? Share your view in the comments!