$XAU - SHORT

Trade Plan:

Entry: 4686.53 – 4688.61

SL: 4697.53

TP1: 4680.10

TP2: 4675.12

TP3: 4667.66

Why this setup?

RSI at 17 means extreme oversold on the 15m, but the 4h structure is still SHORT with 95% confidence. Price is inside a tight range, and ATR on 1h is low (4.98), suggesting a squeeze is imminent. Current entry at 4687.57 targets TP1 4680.10, TP2 4675.12 – this is a high-probability breakdown play, not a reversal.

Debate:

Are you buying this "cheap" gold or shorting the breakdown to 4675?

Click here to Trade 👇️

XAUUSDT

Perp

4,617.84

+2.12%