🚀 XAUt (Tether Gold): Trend Consolidation and Expansion Targets
The scenario for digital gold (XAUt) remains strictly technical. On the 45-minute chart, we observe a structure of ascending highs and lows, with the price working above the moving average cluster (EMA 20/50/100/200), confirming institutional strength in the asset.
🔍 Technical Analysis:
Price Action: The asset is testing the region of $5,100. Maintaining above the EMA 20 (red line) is crucial for keeping short-term momentum.
RSI: Currently at 58.61, the RSI shows that there is still "breath" for appreciation before reaching the overbought zone (70+). We are in a favorable balance zone for bulls.
Moving Averages: The alignment of the moving averages in a fan indicates that the long-term trend is protecting the price.
📈 Trade Planning:
Entry Point: Fractional entries in the region of $5,080 - $5,090 (retest of the averages) offer the best risk/return ratio.
Holding: As long as the price remains above the EMA 200 (around $4,942), the bullish structure remains intact for the medium term.
Targets: We are looking for the zone of $5,150 and, subsequently, price discovery above historical resistances.
Stop Loss: Suggested below $5,020, invalidating the recent bullish pivot.
Conclusion: XAUt continues to be the ideal safe haven within the crypto ecosystem, with a very clean chart geometry. Trading in favor of the trend is what separates the professional trader from the amateur.