$XAUT is trading near 4,357.47 with a slight negative move. I’m watching for a rejection near the recent high area. A weak recovery could create a short opportunity toward support.
Trade Setup — SHORT
Entry Zone: 4,370–4,385
Target 1: 4,330
Target 2: 4,290
Target 3: 4,240
Stop Loss: 4,410
The setup works if resistance holds and momentum turns lower.