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LedgerBull

$XAUT showing rejection from intraday highs with momentum turning bearish.


Sellers stepping in as structure weakens on lower timeframes.

EP
4785 - 4800

TP
TP1 4760
TP2 4730
TP3 4700

SL
4820

Liquidity above 4810 was tapped before a sharp downside move, confirming rejection. Weak bounce and lack of bullish follow-through suggest continued downside unless price reclaims the broken range.

Let’s go $XAUT ‌
XAUT-0,12%
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GateUser-bf5d0c14
· 4h ago
Clear thinking, wait for the rebound to give up.
View OriginalReply0
TheLiquidationLampInMisty
· 4h ago
Taking TP1/2/3 in batches is very comfortable, securing 4760 first to lock in gains, and seeing if the remaining can reach 4730 and 4700.
View OriginalReply0
GlassDomeBaskingInMoonlight
· 5h ago
I prefer to wait until the breakout zone is recovered before making a move; there is space below now, but the volatility is also high.
View OriginalReply0
NFTeaTime
· 5h ago
SL hitting 4820 is quite reasonable; the key is whether it can give another chance to retest 4800, otherwise it’s easy to miss the opportunity.
View OriginalReply0
GateUser-e4351615
· 5h ago
It's too obvious that around 4800 was smashed down, and above 4810, liquidity is consumed and then reversed. This fits very well with your entry zone.
View OriginalReply0

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