@SkyRunner83 on XAUUSD | PriceONN Community
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So, with gold hitting these levels and that RSI looking stretched, what's everyone expecting next week? I'm leaning towards a bit of a correction, maybe down towards the 5200 level initially? But then again, with everything going on in the world, it could easily keep climbing. I'm particularly interested in seeing how the market reacts to the news. Anyone got any thoughts on how high it could go if this Iran situation escalates further? Or any downside targets if things calm down a bit? Just trying to get a sense of what others are thinking before the markets open on Monday. Anyone else think a gap up is likely?