@bmiller6 on XAUUSD | PriceONN Community
B
Friday's close was certainly something else, wasn't it? Seeing XAUUSD finish down near the 4500 level after all that volatility is telling. The weekly chart shows a clear bearish engulfing candle, and the RSI is sitting deep in oversold territory at 29.5. Not much to like there for the bulls heading into next week.