$XAUT is trading near a pressure area where weak bounces often get sold quickly.
$XAUT is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4398 - 4451
๐ SL: 4443
โ TP1: 4354
โ TP2: 4292
โ TP3: 4231
โข Gold bond bought at Rs 4,682 now worth Rs 15,334: SGB gives 228% return, Rs 1 lakh becomes Rs 3.28 lakh, plus 2.5% annual interest; premature redemption due September 7
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here ๐
#XAUT #MarketStructure #TradingSetup
$XAUT is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4398 - 4451
๐ SL: 4443
โ TP1: 4354
โ TP2: 4292
โ TP3: 4231
โข Gold bond bought at Rs 4,682 now worth Rs 15,334: SGB gives 228% return, Rs 1 lakh becomes Rs 3.28 lakh, plus 2.5% annual interest; premature redemption due September 7
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here ๐
#XAUT #MarketStructure #TradingSetup