$XAU XAUUSDT: What It Is
XAUUSDT generally refers to crypto trading pairs or derivatives that track the price of gold (XAU) against USDT (Tether) — effectively a gold proxy priced in stablecoin. It’s used by traders to gain exposure to gold price moves without holding physical gold. �
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Note: Some platforms offer perpetual futures or spot-linked products for this pair, e.g., Binance’s USDT-settled gold contracts linked to XAUUSDT, integrating traditional commodity pricing with crypto markets.
Date Candle (O=Open, C=Close, | = High/Low)
Jan-15 |‾‾‾‾‾‾|
| O C |
|_____| (Bearish to neutral)
Jan-16 |‾‾‾‾‾‾‾|
| C O |
|_______| (Bullish correction)
Jan-17 |‾‾‾‾‾|
| O C |
|_____| (Narrow range consolidation)
Jan-18 |‾‾‾‾‾‾‾‾|
| O C |
|________| (Bullish continuation)
Jan-19 |‾‾‾‾‾|
| O C |
|_____| (Neutral range)
Jan-20 |‾‾‾‾‾‾‾|
| C O|
|________| (Slight pullback)
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