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$XAUT $USDT (tokenized gold): $4,390.4, +0.91% today, ran from 4,343 to a 4,409.7 high before pulling back. MA5/10/20 are still bullish-stacked despite the pullback — trend intact, just cooling from the top. Timely: institutions are flagging that gold’s bull market is entering a new phase, driven by physical demand. +4.42% (90D) supports that — momentum’s building again after a rough 180D (-12.19%). NFA.