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$XAUT Focus on the long side. Right now, everyone in the market is piling into shorting—this could actually be a good spot for a contrarian bullish take.
Based on the market, the 4-hour long structure is still intact. The daily chart remains in range-bound consolidation, and there are clear rebound moves near 3999 to 4002. On the 15-minute timeframe, RSI is currently at 49, and buyers still have room to keep pushing. Also, the 15-minute trading volume has expanded by 1.09x—this is genuine buying demand, not noise.
In terms of positioning, you can watch the range from 3999.65 to 4002.89. Upside targets may extend toward 4012.93, and even 4020.70 and 4032.35. Place the defensive level around 3985.73. Everyone, remember to control your position size, set your stop-loss, and stay mindful of risk.