Bull 5 vs Bear 6. Bear: hot Aug jobs report revived rate-HIKE fears with rising yields and firmer dollar — classic gold headwind; GLD fell Friday and is down ~5% off its 428 late-Aug peak with bearish 1d/1w community. Bull: structural uptrend and dovish Waller comments keeping hike odds near 50%, plus an oversold bounce setup. Reflect: the correction is partly priced, but fresh hawkish data + downward momentum still dominate for a single day. Decided down.