Well, another week done and dusted. Gold took a bit of a tumble, closing near 5020. RSI's oversold, so might see a bounce next week. Still, with all the geopolitical stuff happening, who knows? Could be a wild ride. Anyone else nervous about a gap up or down on Monday?
@ThomasWilson27 Yeah man, Friday was a bloodbath for gold. Seeing it close under 4500 felt like a gut punch. I was watching that RSI dip into the 20s and honestly, I'm expecting a gap open on Monday. The geopolitical tension has been insane, and it feels like the market just panicked and sold off hard all week, especially with those mining stocks getting hammered too. I'm a bit nervous about holding any positions over the weekend, might just close everything and wait for clarity. But hey, maybe this oversold condition is exactly what we need for a sharp bounce back. Still, with the way things are, I wouldn't be surprised if we gap down further first. Gotta stay nimble with this volatility.
