📊 $XAUT: tokenized gold forms a rebound from the key support $4,150 over 24H.
While global markets digest weak U.S. labor market data (which lowered the likelihood of a Fed rate hike in October to 22%) and rising geopolitical tensions, Tether Gold has successfully held the local demand zone $4,135–$4,150 after absorbing September’s expansion in issuance.
On the 4-hour chart, price reclaimed the 20 EMA ($4,151), and the deep daily RSI oversold reading (26.4) gives bulls strong technical room for a mid-term recovery.
🎯 1-day trading outlook:
• Bullish scenario: holding the base above $4,150 and breaking the dynamic barrier of the 50 EMA ($4,181) will open the way for a local momentum move toward $4,220–$4,235.
• Bearish scenario: a renewed dip below $4,135 would invalidate the rebound structure and threaten a retest of the yearly low of $4,115.
Do you expect gold to return above $4,200 in this trading session?
$XAUT $BTC
While global markets digest weak U.S. labor market data (which lowered the likelihood of a Fed rate hike in October to 22%) and rising geopolitical tensions, Tether Gold has successfully held the local demand zone $4,135–$4,150 after absorbing September’s expansion in issuance.
On the 4-hour chart, price reclaimed the 20 EMA ($4,151), and the deep daily RSI oversold reading (26.4) gives bulls strong technical room for a mid-term recovery.
🎯 1-day trading outlook:
• Bullish scenario: holding the base above $4,150 and breaking the dynamic barrier of the 50 EMA ($4,181) will open the way for a local momentum move toward $4,220–$4,235.
• Bearish scenario: a renewed dip below $4,135 would invalidate the rebound structure and threaten a retest of the yearly low of $4,115.
Do you expect gold to return above $4,200 in this trading session?
$XAUT $BTC