February 8, 2026 market data, the Tether Gold (XAUT) token closed at $5,012.95**. This marked a significant daily rebound in the price of physical gold, which settled at **$4,961 per ounce, gaining 3.99% (+$190)** for the session. The 24-hour trading volume for XAUT was substantial at **$321.12 million.
🔮 Price Prediction & Market Analysis
The sharp rise on Feb 8 successfully recovered nearly 46% of a steep decline seen earlier in the week. Analysts attribute recent volatility largely to shifts in U.S. monetary policy expectations.
For the short term, maintaining price stability above the $4,850 – $4,900 support region is viewed as critical for strengthening bullish sentiment.
📈 Technical Levels & Trade Plan
The market is at a technical inflection point after testing key support multiple times last week.
Key Levels to Watch:
· Immediate Support: $4,850 – $4,900
· Major Support: $4,600 – $4,700 (Institutional accumulation zone)
· Key Resistance: $5,200**, then **$5,350
Actionable Trade Scenarios:
1. Bullish Continuation: A sustained hold above $4,900** could pave the way for a move toward **$5,200. A long position could target this level, with a stop-loss below $4,850.
2. Bearish Rejection: If the price fails to hold the $4,850 – $4,900 support, a retest of the $4,600 – $4,700 range is likely. In this case, avoid new long positions.
⚠️ Final Verdict & Risk Notes
Verdict: Cautiously Optimistic, Awaiting Confirmation. 🟡
The strong rebound from support is a positive sign, but the market remains heavily influenced by macro drivers like Federal Reserve policy and the U.S. dollar's strength.
Essential Context:
· Recent volatility was exacerbated by a CME Group margin hike from 6% to 8%, which pressured small retail traders.
· Despite this, "Big Money" institutional investors have shown sustained confidence, providing a strong support base.
