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Gold bulls are quietly building momentum. Is $XAUT /USDT about to explode?
$XAUT /USDT - LONG
Trading Plan:
Entry: 4087.3 – 4093.9
SL: 4050.0
TP1: 4121.0
TP2: 4141.3
TP3: 4171.8
Why focus on this structure?
- RSI on the 15-minute chart is oversold at 28.43, making a short-term rebound highly likely.
- The 4-hour EMA is bullish, with support at $4087.3 firmly holding.
- Targets are TP1 4121.0, TP2 4141.3, with controlled risk (SL 4050.0).
Discussion:
Will it hit TP2 first, or is it a bull trap?