Current price of $XAUT is 4608.17, sitting comfortably above both the 7‑period SMA (4,598) and the 25‑period SMA (4,384). The short‑term average is already higher than the long‑term one, which is a classic sign of bullish momentum. Even though the last candle closed slightly bearish, the overall 10‑bar trend stays bullish and the swing high count (20) far exceeds the swing low count (11). Our support sits at 3,992.23 and resistance at 4,679.45. I’m planning to enter near the current price of 4608.17, place a stop just below support around 3,992.23, and target the resistanc…
