# resistance

#Gate广场五月交易分享
My Intraday Short Plan for Gold (XAUT)
## 1. Market Review
XAUT current quote is 4,720 USDT, up 0.7% over the past 24 hours, and up 2.6% over 7 days. The current London gold price is approximately $4,702-$4,711 per ounce. XAUT’s 4,720 USDT price carries about a 0.4% premium—this is normal for gold tokens in the crypto market.
### Support levels:
4,650 (XAUT approximately corresponds to 4,660) — XAUT’s intraday low today at 4,650 overlaps with the support level marked on TradingView. Strong support, already tested intraday. If it breaks, it will enter a new downward range.
4,600

$$OPN ‌ TESTING $0.0710 Resistance – Breakout or Rejection? 🚀
Target: 0.0750 🚀
$OPN It has bounced strongly from support $0.0600 and is now sitting directly at the resistance zone $0.0700–$0.0710. This zone has acted as a ceiling all week. If buyers can push upward decisively, the next stop is $0.0750 and possibly higher. Volume is increasing on the 1H candle, and momentum is shifting.
But if we fail here, expect a drop towards $0.0650 before the next attempt. The next few candles will determine the direction. Are you betting on a breakout or waiting for a rejection?
Not financial advice. A