@amit386 on XAUUSD | PriceONN Community

Actually, thinking about that gap risk more. If gold does open significantly lower on Monday, say below that 4740 pivot point, it could trigger a lot of stop losses from people who were holding long positions overnight. That would create more selling pressure. On the flip side, if it gaps up and breaks above the Bollinger band resistance at 4778, that could signal a quick move higher, but I'm not convinced we have the momentum for that right now. The RSI at 44.9 on Friday's close really suggests we're stuck in neutral territory, leaning a bit bearish but not decisively. It's going to be interesting to see which way the market decides to break out of this range.