XAUT April 29 Market Analysis



Thought Process Analysis

Currently, XAUT is moving in sync with spot gold, weakening, with prices around 4571, down 2.04% intraday, with obvious short-term correction pressure. As a safe-haven asset, this decline is mainly influenced by a strengthening dollar and a brief rebound in market risk appetite, with bearish forces releasing concentratedly, but with dense key support below, limiting deep decline space, overall showing a oscillating and weak correction pattern.
Trading Suggestions

• Pullback Range: 4480 - 4520

• Entry Logic: Price stabilizes after pulling back within the range and no longer makes new lows, then gradually buy on dips

• Target Range: 4630 - 4660
One-sentence summary: XAUT short-term correction is weak, prioritize waiting for the pullback to the 4480-4520 support zone to stabilize before buying on dips, with targets at 4630-4660.#WCTC交易王PK $XAUT
XAUT-1.7%
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