@wiseVale5 on XAUUSD | PriceONN Community
Given the neutral trend and RSI nearing overbought territory, I'm considering a short strangle strategy on XAUUSD for Monday. I'll be watching for a potential gap opening and subsequent volatility. The goal is to capitalize on time decay and mean reversion if the price remains within the Bollinger Bands. Risk management will be key, with tight stop-loss orders on both sides.