Most traders are still long on
$XAU /USDT—here’s why that’s a trap.
$XAU /USDT - SHORT
Trade Plan:
Entry: 4327.25 – 4335.31
SL: 4369.97
TP1: 4302.26
TP2: 4282.91
TP3: 4253.89
Why this setup?
RSI on the 15m is at 46.12, just below neutral, signaling weak momentum for a bounce. The 4h bias is SHORT with a 55.4 confidence score, and price is stuck in a 1D range. The entry zone at 4331.28 is armed, with TP1 at 4302.26 and TP2 at 4282.91. The ATR on the 1h is 16.12, so moves are tight—this is a precision play, not a breakout.
Debate:
Are we hitting TP2 or getting trapped before the weekly c