@wwilliams513 on XAUUSD | PriceONN Community
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The weekly close for XAUUSD was certainly interesting, especially with that late surge on Friday. The overbought RSI is a concern, suggesting a potential pullback. However, with the price comfortably above the 20 and 50 SMAs, the short-term trend remains bullish. I'll be keeping a close eye on how it reacts to the R1 pivot level early next week.