Looking at gold long term not days or weeks but years
$XAU stayed sideways for almost a decade and most people ignored it
Institutions were accumulating quietly while retail lost interest
Then breakout came and gold went near 3x in few years
This looks like macro signal central banks buying debt rising fiat losing trust
$PAXG also follows this trend in crypto world
Maybe gold is not expensive maybe money is losing value
Just my personal view not advice