Gold's 4H chart just flashed a trap for bulls on $XAU 🚨
Entry: 4792.430842 – 4796.917996 🔥
Target: 4778.520666 🚀
Stop Loss: 4816.212756 ⚠️
The 15m RSI is stretched into oversold, but that’s often where liquidity gets harvested before the next leg. With the 1D still trapped in a range and the 4H leaning short, the market feels heavy, like whales are letting price breathe before a sharper move. The 1H ATR also says volatility is ready to expand once the first clean break appears.
Not financial advice. Manage your risk and protect your capital.
#Gold #XAUUS #ForexTrading #TechnicalAnalysi
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XAUTUSDT
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