@andiswa1692 on XAUUSD | PriceONN Community
Friday's close was a bit messy, down almost 82 points. I'm still trying to figure out what the market will do next week. That PH7 Technologies news about PGMs is interesting, but I'm not sure how it impacts gold directly. Maybe if there's a big flight to safety if something goes wrong with those PGM recovery plans? I'm leaning towards a slightly bearish outlook for gold early next week, especially if that 4660 support level from @SolarFlare74's analysis gives way. Just feels like momentum might be shifting downwards a bit after that big drop on Friday. Will be watching the 200 SMA around 4528 if things really sour.