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Everyone’s chasing gold longs—but the real signal just flipped for $XAU /USDT.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4109.41 – 4117.45
SL: 4152.04
TP1: 4084.48
TP2: 4065.17
TP3: 4036.22
Why this setup?
4h timeframe shows SHORT bias armed at 4113.43. RSI 15m at 37.45 — already weak, not oversold. 1D trend is range, not bullish. Why now? Because ATR 1h at 16.08 means volatility is shrinking, trapping late buyers before a breakdown.
Debate:
TP2 at 4065 or fakeout back to 4142 — which side gets wrecked first?