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Gold 4-hour signal is out—are you still watching?
$XAU /USDT - SHORT sell
Trading plan:
Entry: 4015.85 – 4017.69
SL: 4025.64
TP1: 4010.12
TP2: 4005.68
TP3: 3999.03
Why focus on this structure?
XAU_USDT is currently SHORT on the 4-hour timeframe, with a confidence of 55.4%.
- RSI on 15m is 53.69, not overbought yet, with room for further downside.
- Key entry point 4016.77, TP1 4010.12, TP2 4005.68, SL 4025.64.
- 1D trend is ranging—clear bearish opportunity in the short term; don’t wait for a rebound to chase.
Discussion:
Will this wave reach TP2 first, or is it a bull-trap-style sell-off?