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Gold bears are lurking—are you still chasing the upside?
$XAU /USDT - Sell SHORT
Trading Plan:
Entry: 4126.32 – 4132.32
SL: 4158.08
TP1: 4107.75
TP2: 4093.37
TP3: 4071.80
Why focus on this structure?
- Currently, $XAU /USDT is quoted at 4129. The 4H direction is clearly bearish, but the 1D is range-bound consolidation.
- RSI 15M is only 46.74, not oversold—downside room remains.
- Why now? Price is near the 4143 invalidation level. If it doesn’t break, bearish momentum will accelerate.
Discussion: