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$XAUT is parked at 4,963.3, and this level feels like a sweet spot for a bounce back after the 2.06% gain, while the perp is flashing a 1.33% rise.
Entry Zone: 4,960.0 – 4,965.0.
Target 1: 4,970.0.
Target 2: 4,975.0.
Target 3: 4,980.0.
Stop Loss: 4,950.0.
Basic play: keep an eye on the zone hold and ride the swing guided by the moving averages (MA5:4,963.4, MA10:4,962.6, MA30:4,962.5).
#XAUT #Rmj-Trades