@dawnbreak478 on XAUUSD | PriceONN Community

This week's close on XAUUSD was definitely interesting. We saw a significant push upwards, breaking through several resistance levels. The SMA200 is still below the current price, which is a positive signal, but that overbought RSI is making me a little nervous. The news about the US and Israel launching a joint military strike could fuel further gains as investors flock to safe-haven assets. However, I'm also wary of a potential pullback after such a strong rally. I think it's crucial to monitor the opening price on Monday and see how the market reacts to the news. I'm considering reducing my position size slightly to manage risk, just in case. Anyone else feeling the same way?