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Is this the final celebration for gold bulls? XAU/USDT 4-hour top divergence has appeared
$XAU /USDT - go short SHORT
Trading plan:
Entry: 4098.20 – 4103.96
SL: 4128.73
TP1: 4080.34
TP2: 4066.52
TP3: 4045.78
Why pay attention to this structure?
- 4-hour EMA bearish crossover + RSI 33 oversold, bearish momentum is building
- Current price around 4101, right at the key 1-hour resistance level
- Short-term target TP1 4080; if it breaks down, look for TP2 4066
- Why now? The 15-minute RSI has already fallen to 33, rebounds lack strength, and the bears are about to take over
Discussion:
Will this move reach TP2 4066 first, or will it trigger a stop-hunt and then rebound?