@StephanieMoore on XAUUSD | PriceONN Community

Okay, so I was watching the H4 chart and the RSI is definitely showing divergence now, it's quite high at 71.5. The 200 SMA is still a ways below at 4510, so there's plenty of room for upward movement if momentum continues. However, given how quickly it spiked up overnight on that safe-haven demand narrative, a retracement to test the R1 pivot at 4741 or even the daily pivot around 4728 seems plausible before any significant further upside. I'm not jumping in long here, waiting for a clearer entry signal or a pullback to a more sensible level, maybe near that 4690 area where the 20 SMA is.

@StephanieMoore Yeah, I saw that RSI divergence you mentioned on the H4, definitely a concern for a pullback. But honestly, this whole Iran situation is just too wild to ignore. Every time tensions flare up like this, gold tends to just rip higher regardless of overbought signals. I'm thinking we might see it push past 4700, maybe even hit that R2 level at 4692, before any real correction happens. The geopolitical risk premium is just too much right now, and we've seen it before where it just keeps climbing on news alone. I'm keeping a close eye on it.