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Is this the last escape window for gold bulls? XAUT_USTD 4H shorts are already armed.
$XAUT /USDT - SHORT
Trading plan:
Entry: 4007.3 – 4009.3
SL: 4017.6
TP1: 4001.3
TP2: 3996.7
TP3: 3989.7
Why watch this structure?
- RSI (15 minutes) is 35.16: oversold but not reversed—bearish momentum hasn’t been fully released.
- The 1D trend is clearly bearish; the 4H EMA is arranged bearishly—any rebound is a chance to short.
- Current price is 4008.3; TP1=4001.3, TP2=3996.7—the path is clear, with a strict SL=4017.6.
Discussion:
Will this move directly dump to TP2, or will it first lure longs back to 4015 before smashing down?