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The last hurrah for gold bulls? $XAU /USDT 4H-level short signal has appeared
$XAU /USDT - Sell/Short SHORT
Trading plan:
Entry: 4128.10 – 4135.40
SL: 4166.75
TP1: 4105.50
TP2: 4088.00
TP3: 4061.75
Why focus on this structure?
- Current price 4131.75, 15-minute RSI 63 (not overbought), but the 1-hour EMA is flattening, and the daily range upper bound is under pressure
- Short targets TP1 4105.50 → TP2 4088.00, with a stop loss at 4166.75—only 1% risk
- Invalid if it breaks above 4134.91, but the current probability favors SHORT
Discussion:
Will this move first reach 4105, or will it trap longs and pull back? Where is your TP set?