$XAUT SUPPORT HOLDS – RECOVERY SETUP IN PLAY 🔥
Entry: 4,070 – 4,100 🔥
Target 1: 4,220 🚀
Target 2: 4,380 🚀
Target 3: 4,550 🚀
Stop Loss: 3,960 ⚠️
The entry zone between 4,070 and 4,100 has been respected multiple times, with buyers stepping in consistently. Price is currently consolidating above this area on the 4H chart, and the volume profile shows diminishing sell pressure.
Taking the first target at 4,220 gives a 1:1.5 R:R, while the extended target at 4,550 offers over 1:4 from the mid-point of the entry range. The structure supports a bullish bias as long as 3,960 holds.
Are you scaling into this zone or waiting for a lower reclaim?
Not financial advice. Always manage your risk.
#XAUT #LongSetup #GoldRecovery #SupportBounce
🔥
Entry: 4,070 – 4,100 🔥
Target 1: 4,220 🚀
Target 2: 4,380 🚀
Target 3: 4,550 🚀
Stop Loss: 3,960 ⚠️
The entry zone between 4,070 and 4,100 has been respected multiple times, with buyers stepping in consistently. Price is currently consolidating above this area on the 4H chart, and the volume profile shows diminishing sell pressure.
Taking the first target at 4,220 gives a 1:1.5 R:R, while the extended target at 4,550 offers over 1:4 from the mid-point of the entry range. The structure supports a bullish bias as long as 3,960 holds.
Are you scaling into this zone or waiting for a lower reclaim?
Not financial advice. Always manage your risk.
#XAUT #LongSetup #GoldRecovery #SupportBounce
🔥