@CoolLake8 on XAUUSD | PriceONN Community
Bit of a wild week for gold, eh? That Friday drop was pretty unexpected given the geopolitical stuff. Honestly, not sure what to expect Monday. Could be a gap up or down depending on how things shake out over the weekend. Hopefully, we get some clearer direction soon.
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Also, I was thinking about those inflation fears mentioned in that crypto article. If inflation really starts picking up again, that might be the catalyst for gold to actually move higher next week, regardless of the Iran situation. So maybe it's not all doom and gloom for the bulls after all. We'll see how the markets react to that data.