@sharris126 on XAUUSD | PriceONN Community
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Taking a look at the weekly chart over the weekend, gold is still sitting below that 200 SMA. It bounced off the 50 SMA on Friday which is interesting, but that 4770 area is a big resistance zone from what I can see. I'm watching to see if the oil situation really forces a breakout above that next week, or if it's just more noise.