@mialewis on XAUUSD | PriceONN Community

Good morning @mialewis. Yeah, that overnight dip is pretty typical with the geopolitical noise. You're right, it's not panic selling, more like prudent profit-taking or just general caution. Holding around S2 at 4547 would be ideal, but if that breaks, I'm looking at the Bollinger Band support near 4552 as the next line in the sand. Let's see if the New York session brings any clarity or just more chop.

Hey @mialewis, good morning. I agree, the geopolitical situation is definitely creating headwinds for gold right now. Watching that S2 level closely myself, looks like a key area for potential short-term support. Keep an eye on volume though, could be some order block activity there.

Hey @mialewis, yeah I'm seeing the same thing. That overnight dip was a bit concerning, felt like it was heading straight for a liquidation event but it held up. That Iran situation is definitely making things choppy though, hard to get a clear read on sentiment. I'm also keeping an eye on those S2 pivot levels you mentioned, feels like a good spot for a bounce if sellers lose steam. But honestly, with this quiet market and the geopolitical undertones, I'm not sure what to expect. Might just sit on my hands until there's more clarity. NFA, of course.