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Everyone is buying gold right now—$XAU /USDT is about to punish the herd.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4460.40 – 4467.72
SL: 4499.18
TP1: 4437.72
TP2: 4420.16
TP3: 4393.82
Why this setup?
Why now? 4H bias is SHORT with 55% confidence. RSI on 15m sits at 58.94, still room to drop before oversold. Entry zone is tight at 4464.06 with TP1 at 4437.72—that’s a quick 0.6% move. Trend is range-bound on 1D, so momentum favors mean reversion, not breakout.
Debate:
Are you shorting into this range or waiting for a fakeout above 4467?