Market Intel: XAUT/USDT Technical Outlook
I’ve been dissecting the $XAUT Gold chart on the 15m timeframe, and we are seeing a classic battle at a major technical pivot. After a sharp flush down to $4,558, the asset is attempting a structural recovery.
The Technical Breakdown:
* Moving Average Resistance: We are currently seeing a squeeze.
* V-Shape Recovery attempt: The bounce off the lows was aggressive
Trading Signal: SHORT
* Entry Zone: $4,646 - $4,655 (Resistance rejection)
* Target 1: $4,612 (Support retest)
* Target 2: $4,580 (Liquidity grab)
* Stop Loss: $4,675
#XAUT #Gold #CryptoTrading #TechnicalAnalysis #ShortSignal #Bearish #TradingStrategy #BinanceSquare