Gold’s $XAU /USDT range is about to snap—most traders are buying the dip, but the data says otherwise.



$XAU /USDT - SHORT

Trade Plan:
Entry: 4315.48 – 4321.60
SL: 4347.89
TP1: 4296.52
TP2: 4281.85
TP3: 4259.83

Why this setup?
RSI on 15m is 41.95, still bearish momentum. 4h bias is SHORT with 55% confidence, and the 1D trend is range, not breakout. Price is hovering near entry at 4318.54, with TP1 at 4296.52—a tight 0.5% move. The ATR on 1h is 12.23, meaning volatility is low but primed for a snap. Why now? The longer it holds below 4321.60, the more pressure builds for a drop.

Debate:
If gold breaks 4315, do you front-run the short to TP2 or wait for confirmation?
XAU0.01%
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