$XAUT is reaching an active decision zone where momentum can expand quickly.
$XAUT is sitting close to support, and the next reaction here can define the next intraday move.
Setup LONG $XAUT (max 10x)
๐ฏ Entry: 4254 - 4288
๐ SL: 4242
โ TP1: 4331
โ TP2: 4386
โ TP3: 4451
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Do you prefer the breakout on $XAUT , or the retest entry?
$XAUT is close to a squeeze-or-fade area, which keeps the setup very active.
$XAUT is still trading below local resistance, which keeps the setup fragile.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4261 - 4313
๐ SL: 4320
โ TP1: 4219
โ TP2: 4159
โ TP3: 4099
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Would you fade the bounce on $XAUT , or wait for the breakdown?