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Everyone’s shorting $XAU /USDT at the top—but the 4h chart just whispered a secret.
$XAU /USDT - LONG
Trade Plan:
Entry: 4317.88 – 4320.96
SL: 4300.21
TP1: 4333.83
TP2: 4343.43
TP3: 4357.84
Why this setup?
Why now? RSI 15m at 36.59 is oversold, ATR 1h at 6.15 confirms low volatility squeeze. Trend 1D is range, but 77% confidence on LONG means the dip is a trap for bears. Entry zone 4317.88–4320.96 is a liquidity grab, targeting TP1 4333.83 and TP2 4343.43.
Debate:
Are you loading the bounce or waiting for a breakdown below 4300?