Tokenized gold XAUT is also showing growth today, trying to hold above $4,500.

Tokenized gold XAUT is also showing growth today, trying to hold above $4,500. It follows real gold after the range over the weekend. An interesting period continues, as gold moves in sync with bitcoin, give or take.

The key to the growth signals is that the price of #XAUT has returned to a stable uptrend on the 3-hour timeframe. So far, it has immediately hit the liquidity zone of $4,549-$4,615.

But the situation is heading towards an attempt to test the trend resistance from the highs of the end of February. Our short on tokenized gold is currently +197%. The plan was to add to the position during a rebound to $4,950 (with clear buyer interest - move the order higher, to $5,113, the level of potential breakdown of the downtrend on the 3-day timeframe).

With the emergence of buyer interest, as an option, one could have acted differently. Close the short right now and open a new one using the profits from the mentioned levels of short addition. Or prematurely - during the next breakdown of the uptrends on the 3- and 4-hour timeframes.

Now, since this is planned as a long-term short, and funding currently clearly favors the bears - we still follow the original plan without unnecessary movements. The order stands at $4,950.

What makes us wait for the continuation of the rebound? Besides the fresh uptrend on the 3-hour timeframe, there are already three marks of potential lows on the 2-day timeframe (today's growth is just the start of their execution) and two marks of potential lows on the 3-day timeframe.

A powerful combination of extreme signals, from which the growth should indeed be stronger than it is now. If this rebound does not happen and the price starts breaking the uptrends on the 3- and 4-hour timeframes again - it means that sellers are much stronger than they seem. And we will start to build up our position in the short early.

The chart from jv_finance draws attention to the fact that gold is in the same state of overbought as it was in 2011. Such overbought was right before gold entered a decade-long bear market.

We remind you that we look at the situation much broader. And we say that gold is completing the Psychological market cycle of growth since 1982. The entire logic of the long-term short on gold was detailed and justified in a number of posts. From this perspective, the decline since 2011 was merely a correction before the final growth, with the euphoria of the crowd that we saw at the end of 2025-beginning of 2026. And listings on cryptocurrency exchanges so that this crowd would find it easier to invest their money into the asset.