Rejection $XAUT From Resistance — Bears Take Full Control 📉

📊 Trade Setup (Short)

Entry: $4,480 - $4,530

Take Profit: $4,400

Stop Loss: $4,610

$XAUT has printed a series of bearish lower highs with aggressive selling volume after failing to hold the overhead resistance zone. This type of move often signals the continuation of a markdown phase rather than a temporary pause.
If sellers continue defending the breakout area, the target support zone could be reached quickly.

Watch for a minor relief bounce before final continuation lower. 📉