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The last party for gold bulls? XAUT about to crash
$XAUT /USDT - SHORT
Trading Plan:
Entry: 4100.0 – 4105.4
SL: 4129.1
TP1: 4082.9
TP2: 4069.7
TP3: 4050.0
Why focus on this structure?
- 4-hour SHORT signal, 95% confidence, unilateral downtrend confirmed
- 1-hour EMA death cross, RSI 15m at 43.48, bearish momentum continues to strengthen
- Entry 4102.7, TP1 4082.9, TP2 4069.7, SL 4129.1, risk-reward ratio perfect
- 1D trend clearly bearish, this is the best time to add shorts at highs
Discussion:
Will this wave reach TP2 first or directly fakeout to long? Who is buying at 4100?