@DDavis55 on XAUUSD | PriceONN Community

The weekly close on XAUUSD was definitely impressive, pushing past previous resistance levels. However, I remain somewhat skeptical about the sustainability of this rally. The fundamental drivers are still uncertain, and the overbought RSI suggests a potential retracement is looming. I'm concerned about a possible gap opening on Monday, especially if geopolitical tensions escalate over the weekend. I'll be monitoring the situation closely and consider reducing my long exposure if the market shows signs of fatigue. A break below the 5270 level could signal a deeper correction towards the 5250-5260 range. Need to see confirmation before committing further capital.