Watching XAUUSD at $1950 - A developing situation

Been keeping an eye on XAUUSD after its recent pull-back. It's found some footing around the $1950 area, which isn't entirely surprising given its previous significance. I'm seeing a potential for this to form a base, assuming the broader market sentiment around interest rates doesn't shift dramatically again.

The daily chart shows a deceleration in the selling pressure as we approached that level. However, it's not a strong reversal yet, just a pause. The risk to this scenario, for me, would be a clean break below $1940. If we see sustained closes under that, then the next support really doesn't come into play until much lower, perhaps closer to $1920 or even $1900. Right now, it feels like a waiting game to see if the buyers can step in with any conviction, or if this is just a temporary lull before another leg down. I'll be watching the close today and tomorrow for any further clues.