Gold Breaks 46-Day Downtrend — Bullish Continuation Ahead?XAUT/USDT 1D
XAUT has finally broken above the 46-day descending trendline, which has been keeping price capped since early June.
Now I’m watching the $4,050–$4,070 area, where the 0.618 and 0.5 Fibonacci levels sit. Ideally, we get a pullback into that zone, hold it as support, and continue high
Long
