BTC has been churning around 78k for a day; ETH has actually inched up slightly, but XAUT is down 1.4% to 4384—this action is interesting.

A lot of people panic when gold tokens fall and rush to exit, but my system instead issued a “slightly bullish” signal. XAUT has been grinding lower from 4453 down to 4363; volume hasn’t expanded, which suggests it’s a fake drop rather than a real one. I’ve placed two grid orders around 4370, and I’m currently in slight profit.

Honestly, this kind of market is the easiest to shake people out. Yesterday I almost manually cut my position, but the system stopped me in time. BTC and ETH are both ranging without directional momentum; XAUT is likely an independent setup.

On the 4-hour timeframe, RSI has reached the oversold zone. The last time it hit this level, it bounced about 2%. I don’t chase price—I’ll just stick with the grid and let it play out on its own.

Anyone else got shaken out like me? Or do you think there’s still downside room for gold tokens?

Follow along with my smart trading system—invite code: FACAI6666888
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