XAUT has just experienced a strong rally and a large bearish candle, indicating clear profit-taking pressure. The medium-term trend remains upward, but in the short term, the market is entering a correction phase with strong fluctuations, making it unsuitable for chasing buys.
Priority strategy: SHORT on the rebound – Entry Short: 4,800 – 4,900 – Stop Loss: above 5,050 – Take Profit: 4,500 → 4,300 → 4,000
LONG strategy (only when reaching strong support) – Entry Long: 4,200 – 4,300 – Stop Loss: below 4,000 – Take Profit: 4,700 → 4,900 #MyWeekendTradingPlan $XAUT
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XAUT has just experienced a strong rally and a large bearish candle, indicating clear profit-taking pressure. The medium-term trend remains upward, but in the short term, the market is entering a correction phase with strong fluctuations, making it unsuitable for chasing buys.
Priority strategy: SHORT on the rebound
– Entry Short: 4,800 – 4,900
– Stop Loss: above 5,050
– Take Profit: 4,500 → 4,300 → 4,000
LONG strategy (only when reaching strong support)
– Entry Long: 4,200 – 4,300
– Stop Loss: below 4,000
– Take Profit: 4,700 → 4,900
#MyWeekendTradingPlan $XAUT