Gold has always been the safe haven when crypto bleeds, and XAUT is proving it again.
After hitting a massive All-Time High of $5,637 on January 29th, we are now trading around $4,186 - that's almost 26% down from the top. Sounds scary? Actually, it's an opportunity.
What's happening right now?
Today the whole crypto market took a hit. BTC dropped to $80,393, ETH to $2,406, SOL to $105. But XAUT? It held $4,100 strongly. This is exactly why I keep telling you to hold some gold-backed asset in your portfolio.
My Levels for XAUT:
For those who are waiting for entry:
- If you are a short-term trader, don't rush. Let XAUT reclaim $4,300 with strong volume. Until then, it's just consolidation. Keep your stop-loss tight below $4,000.
- If you are a long-term investor like me, this zone is a gift. $4,100 - $4,000 is a solid DCA zone. Remember, 1 XAUT = 1 troy ounce of physical gold stored in a Swiss vault. It's not just another token.
If Bitcoin breaks down further to $75k, which many are fearing, money will flow to safe assets. That's when XAUT can decouple and run back to $4,867 and then $5,600.
Don't panic sell gold in a crypto crash. Smart money does the opposite.
Stay safe, manage your risk.
What is your target for XAUT? Comment below.
