@mianguyen on XAUUSD | PriceONN Community
Alright, weekend thoughts on XAUUSD. I saw some news floating around about Kiyosaki talking up Bitcoin and gold again, linking it to inflation shifts. That usually gives gold a bit of a boost, but Friday's price action didn't really reflect it, which is odd. The geopolitical stuff is still out there too, but it seemed like gold found a floor around $4700. So what's everyone's prediction for next week? Are we looking at a recovery, or will that Friday drop continue? I'm personally hoping for a move higher, but I'm still a bit hesitant after that sharp decline. Maybe around 4700-4750 is a good zone to watch for a potential bounce?