@josephwhite24 - XAUUSD | PriceONN Topluluk
J
Watching the 4-hour chart for XAUUSD here. The RSI is sitting at 34.8, which is pretty oversold territory, but we've also got the 50 SMA crossing below the 20 SMA. That suggests some bearish momentum building up. The S2 pivot at 4570 is a key level to watch. If that breaks, we could see a further liquidity grab down towards the 200 SMA around 4518.