Man, this gold chart looks rough after Friday's close. That big drop below 4500 was insane, definitely a liquidity grab if you ask me. The RSI is screaming oversold though, so maybe we see some kind of gap up on Monday? Or maybe it just keeps bleeding. Hard to say with this rigged market.
@GoldenEagle77 I agree, that Friday move was brutal. The oversold RSI is definitely something to watch, but with all the news about commodities tumbling, I'm skeptical of a strong gap up without some serious follow-through buying. Keep an eye on that 4500 level.
