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Gold bulls are stationed at 4059—are we aiming to surge straight to 4124 this time?
$XAU /USDT - Go LONG
Trading plan:
Entry: 4056.68 – 4061.88
SL: 4026.79
TP1: 4083.65
TP2: 4099.89
TP3: 4124.25
Why focus on this structure?
- 4H LONG signal, confidence 77%, clear direction.
- Current price 4059.28, near 15-minute RSI 43.79 (oversold zone), strong potential for a rebound.
- TP1: 4083.65, TP2: 4099.89, TP3: 4124.25, stop loss 4026.79.
- Why now? Low RSI + EMA support, waiting for the trigger.
Discussion:
Will this move bounce first to TP1, or will it directly lure longs and then pull back?