#XAUT (Tether Gold): lower highs, and price is sitting on support 👀
Gold isn’t in a straight line either. Here’s what the daily chart shows:
📉 Mar 2026: peaked near 5,460
📉 Every rally since has failed lower: 4,860 → 4,750 → 4,670 → 4,390 → 4,220
📉 The Aug bounce to 4,670 has now been fully retraced
Today: 4,129, about 190 above the Jun/Jul lows (3,940–4,000).
🟡 Range (my lean): bounce into 4,200–4,260, then a retest of 3,950–4,050 and choppy trade between them
🔻 Bear: a daily close below 3,940 breaks the double bottom, with 3,800s next
🟢 Bull: a daily close above 4,260 opens 4,390, then 4,550
The setup looks a lot like gold in 2012: a lower-high rally, months of chop, then a decision at the range low. It’s only an analogy, not a rule.
Until 4,260 is reclaimed, rallies into resistance are more likely to be sold than bought. I’m watching 3,940 and 4,260.
Are you buying the support or waiting for the breakout? 👇
#XAUT #TetherGold #CryptoAnalysis #Binance
Gold isn’t in a straight line either. Here’s what the daily chart shows:
📉 Mar 2026: peaked near 5,460
📉 Every rally since has failed lower: 4,860 → 4,750 → 4,670 → 4,390 → 4,220
📉 The Aug bounce to 4,670 has now been fully retraced
Today: 4,129, about 190 above the Jun/Jul lows (3,940–4,000).
🟡 Range (my lean): bounce into 4,200–4,260, then a retest of 3,950–4,050 and choppy trade between them
🔻 Bear: a daily close below 3,940 breaks the double bottom, with 3,800s next
🟢 Bull: a daily close above 4,260 opens 4,390, then 4,550
The setup looks a lot like gold in 2012: a lower-high rally, months of chop, then a decision at the range low. It’s only an analogy, not a rule.
Until 4,260 is reclaimed, rallies into resistance are more likely to be sold than bought. I’m watching 3,940 and 4,260.
Are you buying the support or waiting for the breakout? 👇
#XAUT #TetherGold #CryptoAnalysis #Binance