@E_Nwachukwu on XAUUSD | PriceONN Community
E
Alright, thinking about next week for XAUUSD... 🤔 With the RSI above 60, there's definitely some bullish momentum, but it's not screaming overbought just yet. I'm anticipating a potential test of R1 around 5038 early in the week. If we break that, then we could see a run towards R2 at 5052.97. However, if we get rejected at R1, a pullback to the 50 SMA could be on the cards. I'm setting alerts and planning my entries carefully! 🧐 Keeping my SL tight just in case. 🤞