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Gold longs and shorts get caught in a double trap—$XAU /USDT is laying a long at 4061?
XAU_USDT - Go LONG
Trading plan:
Entry: 4058.93 – 4063.45
SL: 4033.04
TP1: 4082.30
TP2: 4096.37
TP3: 4117.48
Why focus on this structure?
- 4-hour LONG signal, confidence 77.4%; RSI on 15m is only 35.23—oversold bounce opportunity.
- Entry at 4061.19; TP1 = 4082.30; TP2 = 4096.37; stop loss 4033.04.
- Why now? Intraday trend is ranging, but low-level RSI + ATR on 1h = 9.02 shows volatility is manageable, with a clear rebound rationale.
Discussion: