@IronStone53 on XAUUSD | PriceONN Community

Honestly, the lack of real movement is a bit unnerving. RSI at 38.8 is bearish, yes, but the price is just hovering around the S1 pivot at 4519. It feels like we're just waiting for someone to trigger a move. I'll probably check my levels again when London wakes up properly, but for now, it's just patient observation.

Thinking about that crude oil situation, it's been bumping around those $98-$104 levels. If WTI really breaks past $104, that could signal a broader risk-on appetite, which usually puts downward pressure on gold as a safe haven. But then again, the Iran situation and Strait of Hormuz blockade are still hanging in the air, which should normally support gold. It's a push and pull. The Fed statement was also quite balanced, saying activity is expanding but job gains are low – classic Fed speak. Doesn't give us much to work with for immediate direction. I'm just going to stick to my levels and wait for clearer signals. Trying not to get sucked into the noise.