$XAUT /USDT – Intraday Short Bias After Rejection
XAUTUSDT
Perp
4,607.68
+1.48%
is showing rejection from the 4,780–4,795 supply zone after a short-lived relief bounce. Price failed to hold above resistance and is now forming lower highs, suggesting weakening momentum in the short term. As long as price stays below 4,780–4,805, bearish pressure may continue toward lower support zones.
Short Setup: Entry: 4,765 – 4,780
Stop Loss: 4,805
Take Profit: 4,740 → 4,720 → 4,700
Structure still favors sellers unless price reclaims 4,805 with strength, which would invalidate the short idea.