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Before the gold long-versus-short showdown, would you dare to follow XAUT’s 95% short signal?
$XAUT /USDT - SHORT
Trading plan:
Entry: 3994.6 – 4001.6
SL: 4031.3
TP1: 3973.2
TP2: 3956.5
TP3: 3931.6
Why focus on this setup?
• On the 4-hour timeframe, shorts dominate; the 1-day trend is clearly bearish.
• RSI on the 15-minute chart is 55.83, not oversold, and downside room remains.
• Current price is around 3998: TP1 at 3973, TP2 at 3956, stop loss at 4031, with a risk-reward ratio over 1:2.
• Why now? The bearish momentum hasn’t faded—just wait for entry confirmation.
Discussion:
Will this move reach TP2 first, or is it a bull trap bounce that sweeps the stop loss?