Russia is selling gold at record levels—does the decline in XAUT present a buying opportunity?

Russian sales may be alarming, but gold remains a safe haven.
This is a buying opportunity if the support holds. Wait for the rebound at 4 465 USDT before entering. 👀
4H Solid Structure, Wait for Support
* Current price: 4 533,6 USDT
* Key zone: 4 465 – 4 600 USDT
* Market condition: Correction on support, bullish structure intact.
4,422
4,509
4,595
4,682
4,769
4,534
Resistance：4,600
Support：4,465
💡Buy on the pullback toward 4 465 USDT
Why the decline?
1. Russian sales: Russia is selling its gold, creating short-term selling pressure.
2. Profit-taking: Private investors lock in gains after historic highs.
3. Capital rotation: Funds flow into stocks, temporarily reducing demand for XAUT.
Key Signals
Medium-term buying opportunity
Direction
Neutral
Position
Longs
Liquidation
Low
Action
Buys
* Neutral direction: The market is digesting the news, but the structure remains valid.
* Longs position: Elite accounts maintain buy positions (ratio > 2.0).
* Low liquidity: The main risk is a break below 4 465 USDT.
* Conclusion: An opportunity is forming if support holds; otherwise, wait for confirmation.
Action Plan
1. Trend opportunity: Rebound at support → Buy at 4 465 USDT.
2. Breakout opportunity: Break below 4 600 USDT → Buy the breakdown.

XAUT
$4,534