Today is Friday, and outside the crypto market, all other markets will close for the week. As with every week, we will see if the tradition of Peace during the weekdays and War during the weekends continues.

Gold and silver are close to resistance levels. If negative developments occur over the weekend, they may be rejected at resistance levels and experience a decline.
Let's move on to the technical outlook;
$xau, #gold In the 4-hour chart, we are watching the 4697 level; if it holds, the upward potential continues.
The 4870 level corresponds to the 0.618 Fibonacci level of the entire downward wave. This level is an important resistance. If it cannot break through, a correction may occur.
If a close below 4697 occurs during the correction, the decline could continue further.
If a close above 4870 occurs, the 4990-5119 zone may act as resistance.
A close above the 5421 peak is expected to continue the upward trend.
Potential supports during declines are at 4697, 4261, 3992, 3887, and 3674 levels. When a reversal is confirmed at any of these levels, a rebound may occur.