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Everyone’s waiting for gold to crash—XAUT just screamed “short squeeze” instead.
$XAUT /USDT - LONG
Trade Plan:
Entry: 4296.7 – 4300.3
SL: 4276.4
TP1: 4315.1
TP2: 4326.1
TP3: 4342.7
Why this setup?
4H chart shows RSI at 71.26 on the 15m—momentum is hot, not overbought. Entry zone 4296.7–4300.3, with TP1 at 4315.1 and TP2 at 4326.1. This is a tight, high-conviction range play with 77% confidence. Why now? Because the daily trend is range-bound, meaning breakouts are fast and violent.
Debate:
Are you buying the squeeze to TP2 or fading this into resistance?