$XAUT USDT$ is currently showing a weak structure on the 4H timeframe as price struggles below key moving averages, signaling short-term bearish pressure. After a rejection near the 4,710–4,720 zone, sellers stepped in aggressively, pushing price back toward local support. Momentum remains fragile, and unless bulls reclaim higher levels, downside continuation is likely.

Price is trading below MA(7) and MA(25), confirming intraday weakness.

MA(99) overhead is acting as strong dynamic resistance, limiting upside attempts.

Trade Setup:

Entry: 4,690 – 4,710 (sell on pullback)

Stop Loss: 4,745

Targets: 4,650 – 4,620

A clean break below 4,650 could accelerate bearish momentum, while reclaiming 4,745 would invalidate this setup.

XAUTUSDT

Perp

4,636.44

-1.20%