@emily7105 on XAUUSD | PriceONN Community
E
XAUUSD is currently exhibiting a strong bearish trend, as indicated by the significant price drop and the RSI value falling below 40. The price is approaching the first support pivot at 4870.83. Further downside movement is likely if it breaks this level, potentially targeting the second support pivot around 4842.83. Traders should exercise caution and monitor price action closely.