@graceking86 on XAUUSD | PriceONN Community
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Alright, so looking at gold on the weekly chart, that close below 5050 isn't great. RSI is oversold, but that can stay oversold for a while. I'm thinking we might see a bit of a dead cat bounce early next week, but the overall trend still looks down. Going to keep an eye on that 5000 level, if it breaks, things could get ugly. NFA, just my thoughts.