$XAUT is trading near a pressure area where weak bounces often get sold quickly.

$XAUT is stuck below resistance, and that keeps sellers slightly in control.

Setup SHORT $XAUT (max 10x)

šŸŽÆ Entry: 4621 - 4676

šŸ›‘ SL: 4656

āœ… TP1: 4574

āœ… TP2: 4510

āœ… TP3: 4445

• Ray Dalio Warns of Looming US Debt Crisis and Urges Gold and Bitcoin Allocations
• Gold price up by Rs 2,800 per tola today

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

Trade $XAUT here šŸ‘‡

#XAUT #MarketStructure #TradingSetup