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Gold traders are ignoring a screaming SHORT signal on $XAU /USDT right now.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4289.16 – 4296.48
SL: 4327.95
TP1: 4266.47
TP2: 4248.91
TP3: 4222.56
Why this setup?
Why now? The 4h setup is "Armed" with a 55.4% confidence SHORT bias. RSI on the 15m is already weak at 38.29, momentum fading. Entry zone is tight: 4289–4296. First target is a clean 26-point drop to 4266. The range-bound daily trend means breakouts fail—this is a mean reversion play, not a trend chase.
Debate:
Is the 4266 TP1 a sure grab or will sellers get faked out before the drop?