Here, we analyze $XAUT on the 1h time frame

We need the current candle to complete and then the next candle to appear inside the box. If the next candle (14:00 UTC+1) closes inside the frame, we can enter a buy and target nearby and excellent rebound areas. If the last candle clearly breaks the boundaries of the frame, it will certainly break a very strong resistance area (the price rebounded from it 11 hours ago). Here, a position can be opened in the downward direction of the price: $4.376

#XAUT #XAUUSD

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