The last celebration of the gold bulls? $XAU /USDT 4H has turned red.



$XAU /USDT - Going SHORT

Trading plan:
Entry: 4013.95 – 4016.01
SL: 4024.86
TP1: 4007.57
TP2: 4002.63
TP3: 3995.22

Why focus on this structure?
- RSI on the 15M is only 40.25, and the bearish momentum hasn’t been fully released yet.
- The 1D trend is ranging, and the 4H EMA shows clear suppression; a rebound is a chance to short.
- Current price 4014.98 is close to the entry zone; TP1 at 4007.57 only has 7 points of upside room, and the risk-reward ratio is excellent.

Discussion:
Will this SHORT first take TP1, or drop straight down to TP3? Post your screenshots in the comments!
XAU0.05%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned