$XAUT is currently consolidating around $4,280. While facing minor resistance near $4,297, large order inflows indicate accumulation by big buyers at lower levels.
Here is the updated trade setup based on live technicals:
📊 Updated Trade Setup
🟢 Buy Entry Zone: $4,255 – $4,270 (Wait for a dip near SuperTrend support ~$4,266)
🎯 Target 1 (TP1): $4,310
🎯 Target 2 (TP2): $4,350
🎯 Target 3 (TP3): $4,380
🛑 Stop Loss (SL): $4,240 (Below recent swing low of $4,248)
💡 Key Takeaways & Strategy:
Trendline Resistance: Price is respecting the descending resistance near $4,297. Avoid buying at current market price ($4,280) and wait for a pullback into the $4,255–$4,270 support zone.
Smart Money Activity: Large buyers (+4.49 Net Inflow) are accumulating, but overall retail outflow suggests patience is required.
⚠️ Risk Management:
A candle close below $4,240 invalidates this setup. Use proper leverage (Spot preferred) and risk management.
$XAUT #GOLD_UPDATE #spot_Signal #SpottedNow #StrategyProposesDailyDividendsForPreferreds #TradingSignal #XAUUSD❤️ 