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Gold 4063 short position waiting, 4-hour level about to change trend?
$XAU /USDT - SHORT
Trading Plan:
Entry: 4058.98 – 4067.32
SL: 4103.20
TP1: 4033.11
TP2: 4013.08
TP3: 3983.04
Why pay attention to this structure?
- Current 4-hour trend is oscillating, RSI 15-minute at 41.1 is relatively weak, short-term bears dominate.
- Entry near 4063, TP1 4033, TP2 4013, stop loss 4103, risk-reward ratio reasonable.
- Why now? Bearish signal appears within the oscillation range, follow the trend for a short-term short.
Discussion:
Will this move reach TP2 first or be a false breakdown and rebound?