@peakview13 on XAUUSD | PriceONN Community
Looking at the weekly close, XAUUSD had a pretty strong bullish move, didn't it? The RSI is showing overbought conditions, so I'm wondering if we'll see a pullback early next week. I'm thinking of watching for a potential short entry if it hits resistance around 5120, but need to be careful since the overall trend seems upward. I'm still very new to this but trying to learn more about spotting reversals. What's everyone else thinking for next week's strategy? Also, I'm curious about gap openings - how often does gold gap on Mondays?