Is XAUT long the final celebration? If 4108 isn’t broken, it’s a bear trap.



$XAUT /USDT - Sell SHORT

Trading plan:
Entry: 4107.3 – 4110.1
SL: 4122.2
TP1: 4098.6
TP2: 4091.8
TP3: 4081.7

Why focus on this structure?
- On the 4H timeframe it’s clearly bearish, and the 1D trend has already turned bearish. Yesterday’s bounce to 4108.7 was exactly a great SHORT entry.
- RSI on 15m is only 58.75, not overbought. With EMA resistance overhead, the upside room for the rebound is limited—this is the “bull trap” window right now.
- The stop loss at 4122.2 is clear. TP1 4098.6 and TP2 4091.8 give a reward-to-risk of 2:1 or more. Why not short now?

Discussion:
Will this move reach TP2 first, or will it sweep SL directly? Leave your thoughts in the comments.
XAUT0.27%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned