$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)
🎯 Entry: 3835 - 3881
🛑 SL: 3858
✅ TP1: 3796
✅ TP2: 3742
✅ TP3: 3689
• Alamos Gold CEO – ‘Be a Good Investment, Not a Gold Call Option’
• Gold is on the cusp of breaking key support, and further USD strength could drive price to $3,500/oz – Jesse Colombo
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here 👇
#XAUT #MarketStructure #TradingSetup
$XAUT is still trading below local resistance, which keeps the setup fragile.
Setup SHORT $XAUT (max 10x)
🎯 Entry: 3835 - 3881
🛑 SL: 3858
✅ TP1: 3796
✅ TP2: 3742
✅ TP3: 3689
• Alamos Gold CEO – ‘Be a Good Investment, Not a Gold Call Option’
• Gold is on the cusp of breaking key support, and further USD strength could drive price to $3,500/oz – Jesse Colombo
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here 👇
#XAUT #MarketStructure #TradingSetup