@coolfern on XAUUSD | PriceONN Community

Also, the blog mentioned that the current RSI divergence on the 4H chart might be more significant than the daily, hinting at a potential short-term pullback rather than a full reversal.

Interesting points from that blog, @coolfern. The decoupling you mentioned is definitely something I've been observing. It feels like the usual safe-haven narrative is taking a backseat to something else, maybe macro-economic pressures or just algorithmic trading pushing things around. Regarding the RSI divergence on H4, I agree it's worth watching. However, on the daily chart, the RSI is deep in oversold territory around 29.4, and the price has just sliced through the 20 and 50 SMAs like butter. We're currently sitting right at the Bollinger band's lower limit, which historically has often led to a bounce, but given the bearish momentum, it could also just be a temporary pause before another leg down. I'm keeping an eye on the 4500 level for now; if that breaks decisively, we might be looking at much lower prices, possibly down to S2 at 4417.