๐Ÿ“Š XAUT/USDT โ€” 4H ANALYSIS | GOLD
According to my technical analysis, Iโ€™m expecting a retracement before the next major move.
๐Ÿ”น Current price: ~4,430
๐Ÿ”น Retracement/Supply Zone: 4,480 โ€“ 4,555
๐Ÿ”น Next reaction area: 4,350 โ€“ 4,400
๐Ÿ”น Major support: 4,324
Price has already shown weakness after rejecting the higher levels. My idea is to watch how price reacts if it retraces back into the 4,480โ€“4,555 zone.
If we get a clear rejection from this area, Iโ€™ll be looking for continuation toward 4,400 โ†’ 4,350 โ†’ 4,324.
โš ๏ธ This is my analysis, not a guaranteed prediction. Iโ€™ll wait for confirmation before taking any trade. Always manage your risk.
What do you think? ๐Ÿ‘€๐Ÿ“‰
Will XAUT retrace into the zone before continuing lower?
#cryptotradingpro #TechnicalAnalysiss #BinanceSquare $XAUT