@isabella281 on XAUUSD | PriceONN Community

Interesting price action today. XAUUSD touched the S2 pivot point at 4324.68 and has bounced slightly from there. We are seeing some consolidation around the 4370-4380 area. The 200-day SMA is still significantly higher at 4672.76, which suggests that despite the current bearish sentiment, there's a substantial long-term technical floor if that level can be defended.