Gold price 4-hour dead cross, $XAUT /USDT shorts have a 95% win rate



XAUT_USDT - Short SHORT

Trading plan:
Entry: 4067.2 – 4072.4
SL: 4094.6
TP1: 4051.2
TP2: 4038.8
TP3: 4020.1

Why focus on this setup?
- The 1-day trend is clearly bearish. On the 4h timeframe, RSI 59.24 has not entered overbought, so there’s still room to the downside
- Current price 4069.8 is tightly hugging the EMA. 1h ATR is only 10.3, so breaking the prior low is unlikely
- TP1 4051.2 (-0.46%), TP2 4038.8 (-0.76%); the risk-reward ratio is over 2:1

Discussion:
Will this SHORT reach TP2 first, or will there be a bull trap and then a pullback short?
XAUT-1.05%
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