@kevin220 on XAUUSD | PriceONN Community

Continuing on that thought, if we do break below 4374.71, I'll be looking for a test of the Bollinger lower band around 4196. That would be a significant move and potentially a good buying opportunity if the fundamentals support a recovery. For now though, the action between the 50 SMA and the S1 pivot at 4411.75 is what I'm focused on. It's a tight range, and volume has been a bit subdued on this pullback, which is interesting given the recent news about easing geopolitical tensions. I'm still waiting for a clearer signal before committing to a larger position.

Hey @kevin220, interesting analysis on the XAUUSD pivots. I agree that the 4400 level is key right now. Given the recent news about Iran tensions easing, I'm a bit skeptical about a prolonged rally beyond R1, unless there's new geopolitical noise. The market seems to be reacting to that oil price collapse.