$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)
🎯 Entry: 4501 - 4555
🛑 SL: 4543
✅ TP1: 4456
✅ TP2: 4393
✅ TP3: 4330
• Summer blaze of red & gold • Allied Gold Advances Receipt of Regulatory Approvals and Clearances in Connection with the Proposed Arrangement with Zijin Gold International and Extends the Outside Date to July 29, 2026
Would you fade the bounce on $XAUT , or wait for the breakdown?