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Gold price rebound signal locked by RSI oversold?
$XAUT /USDT - LONG
Trading Plan:
Entry: 4047.3 – 4056.1
SL: 3996.3
TP1: 4093.3
TP2: 4121.0
TP3: 4162.6
Why this structure?
- 15-min RSI at 31.88 only, near oversold zone, short-term rebound momentum building.
- 4H bullish confirmation (84% confidence), entry zone 4051.7-4047.3, TP1 at 4093.3.
- Although the 1D trend is bearish, current price is near support, reversal window open.
Discussion:
Will this LONG first hit TP1 for a rebound, or directly break down to trap bulls?