Are gold bulls still celebrating? XAUT on the 4-hour timeframe has already turned red.



$XAUT /USDT - Sell SHORT

Trading plan:
Entry: 4099.3 – 4105.3
SL: 4131.3
TP1: 4080.5
TP2: 4066.0
TP3: 4044.2

Why pay attention to this structure?
- The 1D trend is clearly bearish. With 95% confidence, it points to SHORT—this isn’t guessing the top.
- Current price is 4102.3, sitting right at EMA resistance. RSI on 15m is only 58.46—no strength in the rebound.
- Why now? The 4h cycle is about to confirm a bearish structure. The entry zone is 4102-4105. TP1 looks at 4080, TP2 looks at 4066.
- It only fails if price holds above 4118.4; otherwise, the bearish side is dominant.

Discussion:
Does this move hit TP2 first and then rebound, or does it straight up poke a wick to lure longs? Which side are you on?
XAUT-0.05%
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