$XAUT – Repeated resistance rejection signaling distribution with downside liquidity target in focus



Trade Setup: Short $XAUT

• Entry Zone: 4678 – 4695

• Target 1: 4650
• Target 2: 4625
• Target 3: 4590

• Stop Loss: 4728

Price action remains range-bound near the upper supply boundary following multiple failed attempts to breach the 4,720 to 4,730 region, reflecting diminishing bullish conviction. Current behavior suggests distribution is underway, elevating the probability of a downside liquidity sweep. A confirmed breakdown beneath the 4,650 threshold accompanied by volume is positioned to accelerate momentum toward lower support levels where prior buyer activity was concentrated.

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XAUT-0,48%
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