⚠️️ GOLD ( $XAUT ) RETESTING KEY SUPPORT! WILL BULLS STEP IN AFTER THE LIQUIDATION DUMP?
Pair: $XAUT /USDT
Direction: LONG
Entry Zone: 4,155.0 – 4,162.0
Target Levels (Take Profit)
TP 1: 4,185.0 +0.60%
TP 2: 4,200.0 +0.96%
TP 3: 4,216.8 +1.36%
Stop Loss
🛑 SL: 4,142.0 (Below 24h Low / key structural support / -0.43%)
Technical Breakdown
Price Action: After a strong rally from $4,140.5 up to $4,216.8, price printed a sharp corrective leg down. Current candle is stabilizing right at the $4,160.0 baseline support.
Moving Averages: Price is trading below MA(5), MA(10), and MA(20), indicating heavy short-term selling pressure that is now approaching oversold conditions near support.
Market Outlook: Barrick Gold news and physical gold backing maintain long-term fundamental strength. Holding above $4,146.0 keeps the overall bullish structure intact on higher timeframes.
$XAUT
Pair: $XAUT /USDT
Direction: LONG
Entry Zone: 4,155.0 – 4,162.0
Target Levels (Take Profit)
TP 1: 4,185.0 +0.60%
TP 2: 4,200.0 +0.96%
TP 3: 4,216.8 +1.36%
Stop Loss
🛑 SL: 4,142.0 (Below 24h Low / key structural support / -0.43%)
Technical Breakdown
Price Action: After a strong rally from $4,140.5 up to $4,216.8, price printed a sharp corrective leg down. Current candle is stabilizing right at the $4,160.0 baseline support.
Moving Averages: Price is trading below MA(5), MA(10), and MA(20), indicating heavy short-term selling pressure that is now approaching oversold conditions near support.
Market Outlook: Barrick Gold news and physical gold backing maintain long-term fundamental strength. Holding above $4,146.0 keeps the overall bullish structure intact on higher timeframes.
$XAUT
