Gold closed strong on Friday, pushing past the 5170 mark. The RSI suggests there's still some bullish momentum left. Let's see if it can break through 5200 next week. Gap risk is definitely something to watch out for on Monday open though.
Update: I'm keeping an eye on the 200 SMA around 5192 as a potential resistance level. If gold can convincingly break above that, we might see a further rally. Otherwise, a pullback to the 50 SMA is possible. Need to adjust the position based on Monday's open.
