@daniel1988 on XAUUSD | PriceONN Community

This whole week on gold was a rollercoaster! Friday's close above 4800 was kinda surprising to me. I thought with all the news about Iran and oil easing up, it might have pulled back more. But it looks like that strength is holding. I'm still a beginner and don't really get all the technical stuff like RSI and all that, but seeing it hold above the 200 SMA on the daily chart actually makes me feel a bit more confident. My main worry is always that gap open though, especially with the weekend news. I saw a headline saying it might be poised for a breakout above 4900, which would be amazing, but I'm also scared of buying at the top again if it's just a fakeout. Just gotta hope for the best on Monday!