$XAU Token Price Prediction: The Golden Crypto Opportunity After Breaking $5,300

XAU token prices have recently shown a significant upward trend. Data from Gate indicates that $XAU briefly broke through the key resistance level of $5,300 on January 28, and is currently stable above the $5,280 range.

Tether’s gold reserves have exceeded 140 tons, valued at nearly $24 billion, making it one of the largest private gold holders outside banks and governments.

01 The Rise of Tokenized Gold

The global gold market is undergoing a digital revolution, with the emergence of tokenized gold injecting new liquidity into this traditional safe-haven asset. The integration of blockchain technology allows physical gold to circulate in the crypto market in the form of digital tokens.

Tether’s gold reserves have grown rapidly over the past year, now surpassing 140 tons with a value close to $24 billion.

This not only supports Tether’s gold-backed token XAU₮ but also enhances its broader reserve structure. These reserves are stored in highly secure underground vaults in Switzerland, providing solid physical backing for the digital tokens.

02 Latest Price Dynamics of XAU Token

As of January 28, 2026, the trading price of $XAU tokens on the Gate platform is approximately $5,258.55.

From a technical analysis perspective, the 4-hour chart shows multiple technical signals.

A bearish solid candle pattern formed within the range of $5,107.72 to $4,996.26, indicating market participants began locking in profits on long positions. However, a subsequent bullish engulfing pattern suggests potential upward momentum.

The MACD indicator has fallen below zero and continues to decline in the negative zone, implying weakening bullish momentum.

The RSI remains around 65, indicating the price may face a correction or continue to rise. The MFI is also gradually decreasing, approaching the upper boundary, showing liquidity outflow.

Regarding key support and resistance levels, short-term critical support levels for $XAU include: $5,052.87, $4,996.26, $4,937.88, etc.

Key resistance levels include: $5,107.72, $5,153.72, $5,208.41, etc.

03 Core Factors Influencing Gold Token Prices

Changes in the macroeconomic environment directly impact the price trends of gold and its tokens. Recent events to watch closely include the Federal Reserve’s interest rate decisions, FOMC statements, and speeches by President Trump.

The market generally expects that the monthly central bank gold purchases in 2026 could reach an average of 70 tons, providing strong support for gold prices.

Escalating geopolitical tensions often drive demand for safe-haven assets like gold. The Trump administration’s stance on Iran and Venezuela, as well as the ongoing Russia-Ukraine conflict, could further stimulate gold demand.

As confidence in fiat currencies continues to weaken, Tether is positioning itself as a “gold central bank.”

This strategic shift reflects a renewed recognition of the role physical assets will play in the future financial system. Tether purchased 27 tons of gold in Q4 2025 alone, making it one of the world’s largest XAU/USD buyers.

04 Short-term and Medium-to-Long-term Price Forecasts

Technical indicators show that $XAU is currently in a critical price zone. Trading strategies suggest that if trading volume increases and breaks through the $5,107.72 level, long positions could be considered, with target prices at: $5,153.72, $5,208.41, $5,266.41, etc.

Support and resistance analysis indicates that tomorrow’s key support and resistance levels are $4,996.26 and $5,153.72, respectively. Next week’s price range may fluctuate between $4,762.72 and $5,107.72.

Long-term industry analysts predict that by 2026, gold prices could reach $2,800 to $3,200 per ounce. If inflationary pressures persist or geopolitical risks escalate, increasing gold allocations might be a wise choice.

05 Investment Strategies and Platform Selection

Tokenized gold offers investors a flexible new way to allocate gold assets, combining the stability of traditional assets with the innovative advantages of blockchain technology.

For investors interested in $XAU and other tokenized gold products, choosing the right trading platform is crucial.

As one of the world’s leading cryptocurrency exchanges, Gate provides comprehensive digital asset trading services. According to CoinGecko data, Gate is among the most active exchanges for trading Bitcoin and Ethereum.

Future Outlook

The breakthrough of spot gold prices above $5,300 is just the beginning. The 24/7 trading mode, borderless nature, and high transparency of tokenized gold are redefining how the global gold market operates.

In the coming months, the price of $XAU will continue to seek a balance between the stability of traditional finance and the innovation of the crypto market. This new asset form is becoming a solid choice for crypto investors amid uncertain economic environments.