Gold traders are snoozing on $XAU /USDT—this 4-hour setup comes with a trap.
$XAU - LONG
Trading Plan:
Entry: 4735.18 – 4738.68
SL: 4720.09
TP1: 4749.56
TP2: 4757.98
TP3: 4770.60
Why this setup?
• 15-minute RSI at 64.47 shows building momentum, not exhaustion.
• The entry zone 4735–4738 is tight, with TP1 at 4749 and TP2 at 4757—risk/reward ratio of 0.4% on a 4-hour timeframe.
• The daily trend is tied to the range, so this is a LONG play for a mean reversion, not a breakout—perfect for a quick scalp.
Discussion:
Are you taking a LONG towards TP2 or waiting for a retest of the invalid level at 4676?
Click here to trade 👇️#BlackRockPlansMoneyMarketFundsforStablecoinUsers #BTCSurpassesTeslaMarketCap #TrumpToVisitChinaFromMay13To15 #IranRejectsUSPeacePlan #Binance
$XAU - LONG
Trading Plan:
Entry: 4735.18 – 4738.68
SL: 4720.09
TP1: 4749.56
TP2: 4757.98
TP3: 4770.60
Why this setup?
• 15-minute RSI at 64.47 shows building momentum, not exhaustion.
• The entry zone 4735–4738 is tight, with TP1 at 4749 and TP2 at 4757—risk/reward ratio of 0.4% on a 4-hour timeframe.
• The daily trend is tied to the range, so this is a LONG play for a mean reversion, not a breakout—perfect for a quick scalp.
Discussion:
Are you taking a LONG towards TP2 or waiting for a retest of the invalid level at 4676?
Click here to trade 👇️#BlackRockPlansMoneyMarketFundsforStablecoinUsers #BTCSurpassesTeslaMarketCap #TrumpToVisitChinaFromMay13To15 #IranRejectsUSPeacePlan #Binance