@oliviajones19 - XAUUSD | PriceONN Topluluk
Been staring at the weekly charts all day... that close on Friday was interesting. We saw a pretty good bounce back up towards the end, which suggests there's still some bullish momentum in the market. However, the 200 SMA is still looming above around 5192, and that could act as a significant resistance point next week. I'm also a little concerned about the RSI hitting nearly 70; it might signal overbought conditions and a potential pullback. Will be watching closely for a gap up or down on Monday morning, could really set the tone for the week. Overall, cautious optimism is my take.