Gold... have you finally lowered that haughty head?
Short $XAU /USDT
I expect to press it down little by little
Bias: Short · Strong
Entry zone: 4096.59 – 4100.49
Take profit 1: 4061.23 (-0.9%)
Take profit 2: 4036.36 (-1.5%)
Take profit 3: 3999.06 (-2.4%)
Stop loss: 4148.28 (+1.2%)
Plan: I’ll only make a move in this gentle yet dangerous zone.
Close half at Take Profit 1, and let the profits kiss me first;
take another 25% at Take Profit 2,
then swallow up the remaining 25% at Take Profit 3.
As soon as Take Profit 1 is reached, move the stop loss back to the entry price—
so it can never hurt me again.
*Why am I bold enough to go short?
Of the 12 signals, 6 agree on a bearish outlook, and 0 dare to disagree.
Daily, 4-hour, 1-hour... they’re all beneath my feet. Price is pinned firmly under EMA50 and EMA200,
like I’ve got it pinned to the bed, unable to move.
My view for today is simple:
The daily chart has turned completely bearish. The overall direction is down, no room for debate.
On the 1-hour chart, price is still hovering around 4098, RSI is 43.82, and the bears are starting to breathe heavily.
Not investment advice—please manage your own risk and do your own research.
This content is for educational purposes only and does not constitute any investment advice. No paid promotions or affiliate links.
Short $XAU /USDT
I expect to press it down little by little
Bias: Short · Strong
Entry zone: 4096.59 – 4100.49
Take profit 1: 4061.23 (-0.9%)
Take profit 2: 4036.36 (-1.5%)
Take profit 3: 3999.06 (-2.4%)
Stop loss: 4148.28 (+1.2%)
Plan: I’ll only make a move in this gentle yet dangerous zone.
Close half at Take Profit 1, and let the profits kiss me first;
take another 25% at Take Profit 2,
then swallow up the remaining 25% at Take Profit 3.
As soon as Take Profit 1 is reached, move the stop loss back to the entry price—
so it can never hurt me again.
*Why am I bold enough to go short?
Of the 12 signals, 6 agree on a bearish outlook, and 0 dare to disagree.
Daily, 4-hour, 1-hour... they’re all beneath my feet. Price is pinned firmly under EMA50 and EMA200,
like I’ve got it pinned to the bed, unable to move.
My view for today is simple:
The daily chart has turned completely bearish. The overall direction is down, no room for debate.
On the 1-hour chart, price is still hovering around 4098, RSI is 43.82, and the bears are starting to breathe heavily.
Not investment advice—please manage your own risk and do your own research.
This content is for educational purposes only and does not constitute any investment advice. No paid promotions or affiliate links.