Gold 4064’s SHORT signal—retail traders are going all-in on longs?



$XAU /USDT - sell SHORT

Trading plan:
Entry: 4060.26 – 4067.80
SL: 4100.21
TP1: 4036.89
TP2: 4018.80
TP3: 3991.67

Why focus on this setup?
- The 4H SHORT signal is triggered, and the 1D trend is a sideways range. Current 4064 is close to the upper edge of the range.
- The 15M RSI is only 56.45, not yet in the overbought zone, but the 1H ATR is as high as 15, with volatility expanding—short-term long momentum is insufficient.
- Why now? The EMA structure shows price has been repeatedly rejected around 4064. If it can’t hold above 4068, the shorts will take control and pull back toward 4036, even 4018.

Discussion:
For this SHORT, do we first target TP1 at 4036, or do we go straight for TP2 at 4018?
XAU0.25%
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