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Everyone is shorting $XAU /USDT right now—that’s exactly why I’m buying the dip.
$XAU /USDT - LONG
Trade Plan:
Entry: 4324.55 – 4332.55
SL: 4278.64
TP1: 4365.98
TP2: 4390.94
TP3: 4428.37
Why this setup?
RSI on 15m is 41.27, nearing oversold in a range-bound 1D trend. ATR on 1h is 15.99—low volatility often precedes a breakout. Entry at 4328.55 with TP1 at 4365.98 is a 0.86% risk-to-reward in a 77% confidence LONG setup. Why now? The market is waiting, and waiting builds pressure.
Debate:
Is this a dead cat bounce or the start of a squeeze to 4390?