Many people are shouting “gold as a safe haven,” but my XAUT system today is giving me a wait-and-see signal. Interesting.

In the past hour, XAUT dropped 1%, falling from 4617 to 4523. For a gold token, that’s not a small move. My grid placed an order around 4530, but the system clearly told me not to add to my position. BTC and ETH are both ranging today—BTC broke below 79,000 and then bounced back. Market sentiment really doesn’t look great.

Honestly, in a market like this, the worst thing is getting itchy and overtrading. XAUT’s volatility may be smaller, but once a trend really starts, chasing it means you’re just picking up a falling knife. The system says “wait and see,” so I’ll wait—I’ve suffered too many losses from doing otherwise.

Do you think the 4520 level can hold? Or will gold have to test another bottom along with the broader market?

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