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Is this the final celebration for gold bulls? XAUT 4-hour has already shown a top divergence
$XAUT /USDT - Sell SHORT
Trading plan:
Entry: 4008.3 – 4012.3
SL: 4029.4
TP1: 3996.0
TP2: 3986.5
TP3: 3972.2
Why关注 this structure?
- The daily trend is clearly bearish, a short signal with 95% confidence
- 1-hour RSI 67.9, nearing the overbought zone, reversal window opened
- Price is around 4010; TP1 at 3996 only needs 14 points, risk-reward ratio over 2:1
Discussion:
Is this move first dipping to 3996 before breaking down, or will it directly V-reverse and squeeze the shorts?