@bscott342 on XAUUSD | PriceONN Community

Hey @bscott342, yeah I was checking that close too. Finishing below the 50 SMA on Friday was definitely a bit concerning, especially after that sharp drop. I'm up watching the Asian session now and it looks like things are consolidating a bit around that 4750-4760 area. The news about the Iran ceasefire faltering is really keeping things choppy though. It's hard to get a clear direction with all this geopolitical stuff and the dollar acting weird. Could be a bit of volatility heading into the NY session if nothing definitive comes out.