Everyone is bullish on XAU right now—here’s why I’m betting against them.



$XAU /USDT - SHORT

Trade Plan:
Entry: 4340.49 – 4346.15
SL: 4370.52
TP1: 4322.92
TP2: 4309.33
TP3: 4288.93

Why this setup?
The 4h MTF is screaming SHORT with 55% confidence while the 1D trend sits in a range—no breakout fuel. RSI on the 15m is at 58, still room to drop before hitting oversold. Entry at 4343.32 with TP1 at 4322.92 means a 0.5% move down is the first target. Why now? The range is tight, and shorts have a clear path to TP2 at 4309 if momentum holds.

Debate:
Are you fading the crowd with XAU here, or do you see a fakeout to the upside?
XAU0.04%
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