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Gold bears are about to get liquidated—$XAU /USDT just flashed a 77% long signal.
$XAU /USDT - LONG
Trade Plan:
Entry: 4061.6 – 4071.0
SL: 4007.7
TP1: 4110.2
TP2: 4139.5
TP3: 4183.5
Why this setup?
RSI on the 15m is oversold at 37.21, which historically precedes a snap-back rally in a 4h range. Entry window is tight at 4061-4071 with TP1 at 4110—that’s a 1% move with low risk. The 1D trend is ranging, not bearish, so this dip is a reaccumulation zone, not a breakdown.
Debate:
Are you buying the dip at 4066 or waiting for a retest of 4007?