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Most traders are ignoring $XAU /USDT’s 15m RSI at 38—that’s the same setup that printed +2% last week.
$XAU /USDT - LONG
Trade Plan:
Entry: 4166.16 – 4176.66
SL: 4105.95
TP1: 4220.51
TP2: 4253.24
TP3: 4302.33
Why this setup?
Why now? RSI at 38 signals oversold on the short timeframe while the 4h bias is LONG at 77% confidence. The tight entry zone between 4166–4176 is a textbook range-bottom bounce setup. TP1 at 4220 is just 1.2% away, and ATR of 20.9 confirms room to run.
Debate:
Are you buying the 4166 dip or waiting for a breakdown to 4105?