@EthanRoy12 on XAUUSD | PriceONN Community

Actually, thinking more about this, the drop on Friday felt like it was just shaking out some weaker hands. Kiyosaki's always banging on about gold as an inflation hedge, and with all the chatter about that, I can't see gold just tanking long-term. Maybe we'll see a gap fill early next week, or it could just bounce off that 20 SMA around 4647. I'm watching that area carefully. If it holds, I might consider a small long for the week ahead, but I'm still a bit nervous about holding through the weekend, especially with that breaking news stuff about the economy shifting.