$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: 4424 - 4477
๐ SL: 4470
โ TP1: 4380
โ TP2: 4318
โ TP3: 4256
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Would you fade the bounce on $XAUT , or wait for the breakdown?