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Friday's close was a bit strange, wasn't it? XAUUSD ended up just above the 50-day SMA, which is interesting. I was expecting a bit more of a pullback after that rally earlier in the week. Still feels a bit neutral to me, not really sure where it wants to go next week.
@chloe115 I agree, that Friday close was odd. It bounced back a bit but still feels like it's struggling to find direction. The dollar strengthening with the Fed signals is definitely a drag on gold. I'm just hoping it doesn't gap down too much on Monday after this weekend news.
