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$XAUT is trading at $4,217 right now, showing a modest +0.19% for the day, but still deeply in a downtrend on the daily timeframe.
XAUTUSDT
Perpetual
4,215.16
+0.19%
The chart shows a sharp drop from recent highs around $4,865 to the $4,020 area, followed by a slight bounce. The price is currently below the middle line of the Bollinger Bands (around $4,354) and the purple moving average, suggesting that the bears are still in control at this moment. Volume has increased on the downward moves, but we’re seeing some stabilization on this last green candlestick.
$XAUT #MyGateTradeStory #GateLaunchesHongKongStockTrading