@skyrunner923 on XAUUSD | PriceONN Community

This past week for XAUUSD was a bit of a rollercoaster, especially that sharp drop on Friday. The weekly close below the 50 SMA is a bit concerning, but we're still above the 200 SMA. I'm watching to see if the Iranian news continues to support gold or if the dollar strength comes back to play next week. Personally, I'm staying neutral until we see a clearer direction or a solid rejection/confirmation at key levels.