Everyone is still long on Gold at 4463… but the 4H chart is turning bearish. 👀
Are you becoming the exit liquidity?
$XAU /USDT — 🔴 SHORT · Conf 82%
Trade Plan: Entry: 4462.87 – 4463.81
SL: 4496.18
TP1: 4438.71
TP2: 4422.29
TP3: 4397.65
Why this setup?
1D is ranging, while 4H momentum is turning bearish.
Price is pressing down from 4463.34.
15M RSI is 34.13, showing strong selling pressure.
1H ATR is 13.68, so moves can be fast.
If 4462.87 breaks, downside toward 4438.71 and 4422.29 could open up.
Key Level: 4462.87
Invalidation: 4496.18
Gold breakdown or another buy-the-dip opportunity at 4438.71? 👀
Click here to view the chart 👇
Are you becoming the exit liquidity?
$XAU /USDT — 🔴 SHORT · Conf 82%
Trade Plan: Entry: 4462.87 – 4463.81
SL: 4496.18
TP1: 4438.71
TP2: 4422.29
TP3: 4397.65
Why this setup?
1D is ranging, while 4H momentum is turning bearish.
Price is pressing down from 4463.34.
15M RSI is 34.13, showing strong selling pressure.
1H ATR is 13.68, so moves can be fast.
If 4462.87 breaks, downside toward 4438.71 and 4422.29 could open up.
Key Level: 4462.87
Invalidation: 4496.18
Gold breakdown or another buy-the-dip opportunity at 4438.71? 👀
Click here to view the chart 👇
