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The last wild celebration of the gold bulls? $XAUT /USDT is about to turn
XAUT_USDT - Go SHORT (short sell)
Trading plan:
Entry: 4050.7 – 4057.9
SL: 4089.2
TP1: 4028.1
TP2: 4010.7
TP3: 3984.5
Why focus on this structure?
- The daily trend is clearly bearish, with a 95% confidence SHORT signal on the 4-hour timeframe.
- RSI on the 15-minute chart is 55.29; the bounce lacks strength—shorts are building momentum.
- Enter at 4054.3, TP1 4028.1, TP2 4010.7, stop loss 4089.2, and the risk-reward ratio is attractive.
- Why now? The rebound hits a key resistance, and the shorts can push at any time.
Discussion:
Will this move reach TP2 first, or is it a bull trap?