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Gold is about to break its 4h range—but are you long enough to catch the $XAU /USDT pump?
$XAU /USDT - LONG
Trade Plan:
Entry: 4311.30 – 4315.14
SL: 4289.23
TP1: 4331.21
TP2: 4343.21
TP3: 4361.20
Why this setup?
Why now? RSI on the 15m sits at 42.59, signaling oversold conditions before a potential reversal. The 4h MTF shows a long bias with 77% confidence, and price is hovering near the entry zone of 4313.22. With ATR at 7.69, a move to TP1 (4331.21) is only 0.4% away—tight risk for a quick scalp.
Debate:
Are you fading the range or riding the breakout to TP2 at 4343.21?