XAUT
1. Fundamental Analysis
1.1 Introduce
Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar.The XAUt token can be transferred to any on-chain address from the purchasers Tether wallet where it is issued after purchase. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | XAUT | Market Cap | 647051542.8 |
| Name | Tether Gold | White Paper | -- |
| Web Site | https://tether.to/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | 2020-02-10 |
| Available Supply | 246524 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 2626.6 | 2631.7 | 2622.2 | 2625.7 | 8611.00672 |
| 2024-12-31 | 2609.4 | 2632.5 | 2606.2 | 2626.1 | 51465.20037 |
| 2024-12-30 | 2631.1 | 2632.9 | 2600.9 | 2611.6 | 36990.56631 |
| 2024-12-29 | 2626.4 | 2632.4 | 2619.3 | 2628.7 | 52677.4266 |
| 2024-12-28 | 2625.1 | 2631.2 | 2622.7 | 2626.6 | 5001.54321 |
| 2024-12-27 | 2637.3 | 2642.0 | 2615.4 | 2625.2 | 37528.37855 |
| 2024-12-26 | 2626.6 | 2641.4 | 2618.3 | 2635.3 | 820058.09235 |
| 2024-12-25 | 2624.1 | 2627.2 | 2617.7 | 2626.3 | 9109.18422 |
| 2024-12-24 | 2631.1 | 2636.2 | 2611.3 | 2624.5 | 209710.91279 |
| 2024-12-23 | 2637.0 | 2648.6 | 2615.5 | 2629.7 | 10592.77927 |
| 2024-12-22 | 2626.6 | 2647.1 | 2625.4 | 2634.2 | 4428.03287 |
| 2024-12-21 | 2632.5 | 2638.0 | 2624.5 | 2633.5 | 4316.94387 |
| 2024-12-20 | 2604.0 | 2645.3 | 2604.0 | 2634.0 | 34142.21746 |
| 2024-12-19 | 2616.2 | 2660.5 | 2600.1 | 2604.0 | 30010.32619 |
| 2024-12-18 | 2658.4 | 2666.1 | 2610.2 | 2611.0 | 162597.82332 |
| 2024-12-17 | 2659.4 | 2668.5 | 2650.3 | 2654.0 | 23744.223 |
| 2024-12-16 | 2657.8 | 2683.0 | 2653.9 | 2660.3 | 20645.83311 |
| 2024-12-15 | 2676.2 | 2676.4 | 2649.0 | 2663.7 | 25716.97338 |
| 2024-12-14 | 2667.4 | 2678.7 | 2649.2 | 2676.2 | 19509.76906 |
| 2024-12-13 | 2705.2 | 2716.2 | 2665.0 | 2667.4 | 32245.89545 |
| 2024-12-12 | 2720.9 | 2729.2 | 2695.1 | 2704.2 | 132131.75805 |
| 2024-12-11 | 2697.4 | 2724.1 | 2680.8 | 2723.5 | 33341.11189 |
| 2024-12-10 | 2662.9 | 2706.6 | 2658.9 | 2699.3 | 82680.54241 |
| 2024-12-09 | 2640.9 | 2696.9 | 2640.9 | 2661.5 | 85134.49405 |
| 2024-12-08 | 2642.0 | 2650.1 | 2631.4 | 2644.6 | 9982.4915 |
| 2024-12-07 | 2629.8 | 2643.9 | 2629.8 | 2631.7 | 145909.16423 |
| 2024-12-06 | 2630.4 | 2648.5 | 2624.3 | 2628.4 | 63588.75384 |
| 2024-12-05 | 2653.7 | 2659.1 | 2625.3 | 2634.0 | 78869.49159 |
| 2024-12-04 | 2646.6 | 2661.9 | 2638.3 | 2654.8 | 11847.2597 |
| 2024-12-03 | 2645.0 | 2657.3 | 2637.3 | 2643.3 | 19891.06713 |
2.2 Analysis
The recent price action shows a period of consolidation followed by a slight upward trend. Short-term volatility is expected to continue, with potential for minor corrections. However, the overall trend suggests a cautiously optimistic outlook with potential for further modest gains in the near future. Sustained momentum above the recent high of approximately 2683 would strengthen the bullish outlook. Conversely, a break below 2600 would indicate a shift towards a bearish trend. Significant volume increases are occurring at key support and resistance levels. Monitoring these volume changes will be crucial for refining short-term trading strategies. The intermediate-term outlook remains uncertain pending further price action and confirmation of the current trend.
