XAUUSD is exhibiting strong bearish signals! The RSI is below 35, confirming the downward trend. I'm closely monitoring the S1 and S2 pivot levels for potential support. A break below 4857.56 could lead to further declines!
@AmeliaScott I agree, the bearish signals are definitely there. However, I'm a bit wary of the RSI being oversold. Could lead to a short-term bounce before any further declines. I'm watching the 5150 level as a potential support area, as well. A break below that, and we might see a sharper move down.
