Gold's 4h chart is screaming a reversal most traders will ignore. $XAU /USDT
$XAU - SHORT
Trade Plan:
Entry: 4661.170939 – 4674.784793
SL: 4752.928309
TP1: 4604.265034
TP2: 4561.789813
TP3: 4498.076981
Why this setup?
- SHORT bias at 95% confidence as price rejects the 4h entry zone.
- Daily trend is range-bound, but RSI(15m) at 61.65 shows momentum is fading into overbought territory on lower timeframes.
- Key levels: Immediate target is TP1 at 4604, with invalidation above 4569. A break below opens path to 4561 (TP2).