$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)

šŸŽÆ Entry: 4355 - 4407

šŸ›‘ SL: 4380

āœ… TP1: 4311

āœ… TP2: 4250

āœ… TP3: 4189

• Gold Royalty Q2 Earnings Call Highlights
• Equinox Gold Q2 Earnings Call Highlights

Would you fade the bounce on $XAUT, or wait for the breakdown?

Trade $XAUT here šŸ‘‡

#XAUT #MarketStructure #TradingSetup