Gold bears are setting up at 4006—are you bold enough to follow?



$XAU /USDT - SHORT

Trading plan:
Entry: 4003.30 – 4010.68
SL: 4042.42
TP1: 3980.41
TP2: 3962.70
TP3: 3936.12

Why watch this setup?
- 4-hour timeframe direction: SHORT, confidence 55.4%, a moderately strong signal.
- Current price 4006.99 has just touched the reference entry point; RSI (15-minute) is 47.9, not oversold, so downside room remains.
- Why now? 1-hour ATR 14.76, volatility is moderate; the short-term EMA hasn’t formed support, and bearish momentum has just started.

Discussion:
Should this first move reach TP1 at 3980, or will it directly lure a short-term breakout/rebound? See the comments section.
XAU0.47%
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mhmdqase
· 8h ago
The bull market is in full swing 🐂
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