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Everyone is buying the dip on $XAU /USDT—I’m watching the trap door open.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4440.99 – 4447.91
SL: 4477.64
TP1: 4419.56
TP2: 4402.96
TP3: 4378.07
Why this setup?
RSI on 15m is crushed at 32.58, but 1D trend is dead range. This isn’t a reversal—it’s a reaccumulation before the next leg down. Why now? Price is hugging the 4h EMA resistance at 4444.45 with a 55% short confidence. The ATR is tight at 13.8—break below 4440.99 triggers a cascade to TP2 at 4402.96.
Debate:
Are you shorting this bounce or waiting for a clean breakdown below 4440?