While the memecoin brothers are tumbling, $PAXG and $XAU is moving in a completely different orbit. As of February 3, 2026, the digital gold narrative is stronger than ever, with an uptrend that looks unstoppable.
Gold recently shattered the historic $5,000 per ounce barrier, and technical analysts are now setting their sights on the next massive psychological target: $5,200.
With global inflation and geopolitical uncertainty fueling the flight to safety, institutional demand for tokenized gold has reached a fever pitch. Unlike speculative assets, PAXG is backed by physical bars, making this climb feel deliberate and sustained.
The charts are showing a classic bullish breakout, with support levels firming up at $4,950. If the momentum holds, we aren't just looking at a minor pump; we’re witnessing a major re-rating of gold’s value in the digital age. For those riding the trend, it’s a "Long" season—the road to $5,200 is wide open.
XAUUSDT
Perp
4,702.91
-6.25%
PAXG
4,699
-6.56%