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Last chance for gold bulls to escape? Hidden reversal signal in XAU/USDT
$XAU /USDT - Go SHORT
Trading plan:
Entry: 4013.76 – 4018.14
SL: 4037.01
TP1: 4000.16
TP2: 3989.63
TP3: 3973.84
Why focus on this setup?
- 4-hour SHORT signal triggered, entry at 4015.95, TP1 targets 4000.16
- RSI on the 15-minute chart at 53.19: not oversold, but momentum weakening; EMA structure under pressure
- Within the daily range-bound consolidation zone: short stop loss at 4037.01, breakout invalid level at 4061.10
Discussion:
Will this wave of shorts hit TP2 at 3989 first, or will it be a stop-hunt dip and then pull back to 4030?