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XAUT: Tether Gold USDT Perpetual Contract, a representative of safe-haven assets.
Event: Trump’s tough stance on Iran pushed oil prices higher, and gold, as a safe haven, also retraced in tandem.
Recommendation:
Enter long positions in the range of 4550-4580 USDT,
Target 4720 USDT,
Stop loss at 4500 USDT.
Analysis: Although gold is temporarily weighed down by risk aversion, the increasing geopolitical conflicts still sustain safe-haven demand. The price is approaching support levels, making it suitable for low-cost buying. Keep tight stop losses to prevent further selling pressure driven by oil price movements.
⚠️ Disclaimer: All shared content is for reference only and does not constitute any investment advice.
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$XAUT