Is the last frenzy of gold bulls? If XAU/USDT 4065 doesn’t break, it will dump.



$XAU /USDT - short SHORT

Trading plan:
Entry: 4012.21 – 4018.81
SL: 4047.15
TP1: 3991.78
TP2: 3975.96
TP3: 3952.24

Why focus on this structure?
The 4H timeframe gives a SHORT signal, confidence 55, and the 1D trend is range-bound. The current price is around 4015; the RSI on 15M is 53.37 and has not overbought yet. Why now? Because the EMA structure suggests 4065 above is a strong resistance—once it’s touched, it may trigger a pullback. TP1 is 3991, TP2 is 3975, with a stop loss at 4047. The short entry point is clear—wait for confirmation.

Discussion:
If 4065 doesn’t break, do you choose to chase long or go straight SHORT to TP2?
XAU0.47%
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