$XAUT is close to a squeeze-or-fade area, which keeps the setup very active.
$XAUT is still trading below local resistance, which keeps the setup fragile.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4276 - 4328
๐ SL: 4305
โ TP1: 4233
โ TP2: 4173
โ TP3: 4113
โข Gold heads for weekly decline as dollar firms, Fed rate outlook weighs
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here ๐
#XAUT #MarketStructure #TradingSetup
$XAUT is still trading below local resistance, which keeps the setup fragile.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4276 - 4328
๐ SL: 4305
โ TP1: 4233
โ TP2: 4173
โ TP3: 4113
โข Gold heads for weekly decline as dollar firms, Fed rate outlook weighs
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here ๐
#XAUT #MarketStructure #TradingSetup