Tether Gold (XAUt) is trading around $4,985 per unit after posting a 1% gain over the past 24 hours, in line with the advance in physical gold, which remains close to the $5,000-per-ounce threshold. The token continues to attract inflows driven by a rotation into commodity-backed assets.
From a technical standpoint, the $4,800 area acts as immediate support, while the $4,950 to $5,000 range concentrates the main upside reference in the short term.
Source: https://coinmarketcap.com/currencies/tether-gold/
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