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Gold traders are ignoring the 15m RSI at 72—here’s why $XAU /USDT shorts just got a 77% green light.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4323 – 4329
SL: 4366
TP1: 4296
TP2: 4276
TP3: 4246
Why this setup?
• RSI 72 on 15m signals local overbought exhaustion in a 4h downtrend.
• Entry zone at 4326 aligns with range resistance—high probability rejection.
• TP1 at 4296 is just 30 points away; risk/reward favors the short.
Debate:
Are you fading the RSI spike or waiting for a confirmatory 4h close below 4323?