Gold Alert – 4H Chart Reversal Brewing! 🔥
Most traders are blind to this… but not us.
$XAU /USDT – SHORT
Trade Plan:
Entry: 4504.77 – 4506.84
Stop Loss: 4515.72
Targets:
TP1 → 4498.37
TP2 → 4493.42
TP3 → 4485.98
Why This Setup?
Price rejecting 1H EMA @ 4506
ATR shows low volatility → perfect for a range-bound short
RSI 15m overbought at 60.21 → pullback due
TP1 is almost guaranteed; TP2/TP3 likely if momentum picks up
💥 Question for the charts:
Is this the short that breaks Gold out of its daily range, or just another trap for the late traders?
XAUTUSDT
Perp
4,495.93
+0.22%