Do you have FAST on or off? What about DEEP on or off? Are you running in all metal? Swing speed and swing technique on the target? I let the Explorer feed on the target signal, short 1-3 inch wide swings not fast, not slow motion but a slight dragging across the target. The faster you swing the less target information, FAST On will make this much worse. DEEP on will do the opposite fattening up targets 6 inches and below. So Fast On Deep Off is the double whammy in the opposite direction. When I hit a target I zoom in and let the Explorer feast on the signal with short moderate speed swings.
A gold wedding band signal is HUGE. The thing is like 2 feet wide in long tones, long tones show you just how large the signal is you can detect it outside the side/front of your coil its that large. Now start applying your settings, first switch to normal tones what just happened, yes it chopped off a whole bunch of the target signal to make it "appear" smaller as you sweep it. Obviously this helps with pin pointing and long tones in trash well forget it right but you did just lose a bunch of target signal by chopping it down to size with normal tones. Fast On chops off more of the target signal making it even smaller. Deep off if the target is 6 inches or deeper is similar to Fast On, the target seems smaller as you sweep it just due to depth, Deep on boosts the signal fattening it up.
Discrimination vs all metal, if you have a solid threshold and no nulling then it shouldn't matter. But if the machine is nulling then target then nulling, or trying to null or bits of null the I'd switch to iron mask setup as all metal and sweep the target again all metal getting rid of the nulls.
The RX (receive) winding in the coil delivers the best fullest possible signal to the control box. The TX (transmit) winding transmits at full power, always, no matter what your settings are. So here comes the full 100% signal from RX, after Minelab filters out the soil part of the signal, your settings take over. Your settings further chop pieces of this signal off, whittling it down. That's how to think about your settings. The more aggressive you are with your settings the more chunks of the target signal you chop off. You can boost what's left with gain and volume but you are boosting the chopped up part of the signal that's left.
This is where a lot of people get the Explorer backwards. They increase their gain then decrease their sensitivity because running their gain too high is boosting small false signals so high in volume they sound like targets. But what happens when you lower the sensitivity? Yes you chop off parts of the signal and frequently you chop off the entire target. That's the gotcha because your sensitivity setting is applied FIRST, then gain SECOND. So if you lower your sensitivity, deleting the target completely, there's nothing left for the gain to boost. Crank the gain to 10 it doesn't matter, the deep target is long gone due to lowering the sensitivity. It doesn't take much, a solid signal on a deep target can break up lowering your sensitivity 2 points and vanish lowering it 4 points.