@michelledavis36 on XAUUSD | PriceONN Community
M
Alright, weekend chart study time. XAUUSD closed near the bottom of its range, which isn't a great sign. RSI is oversold on the daily, but that can stay oversold for a while. Looking for a potential bounce early next week, but keeping an eye on that 5000 level as major support. If that breaks, things could get ugly. NFA