$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)
šÆ Entry: 3986 - 4034
š SL: 4015
ā TP1: 3946
ā TP2: 3890
ā TP3: 3834
⢠Gold heads for sharpest weekly decline in four months on Fed rate outlook
⢠Asian Para Games Badminton: Nitesh Kumar trumps Pramod to win gold, Thulasimathi claims silver
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here š
#XAUT #MarketStructure #TradingSetup
$XAUT is still trading below local resistance, which keeps the setup fragile.
Setup SHORT $XAUT (max 10x)
šÆ Entry: 3986 - 4034
š SL: 4015
ā TP1: 3946
ā TP2: 3890
ā TP3: 3834
⢠Gold heads for sharpest weekly decline in four months on Fed rate outlook
⢠Asian Para Games Badminton: Nitesh Kumar trumps Pramod to win gold, Thulasimathi claims silver
Would you fade the bounce on $XAUT, or wait for the breakdown?
Trade $XAUT here š
#XAUT #MarketStructure #TradingSetup