@william8659 on XAUUSD | PriceONN Community
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Right then, gold's had a good run, hasn't it? But RSI's flashing overbought like a Christmas tree. I reckon we might see a bit of a pullback early next week, maybe down to the 5250 area before any more upside. That Iran news tho... that's a proper wildcard innit? Could send it soaring. Keep your powder dry, folks.
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Update: actually, thinking about it more, that 5250 level might not hold if the Iran situation escalates. Could see it bouncing higher, like 5270-5280 before any serious resistance. But tbh, this is all just weekend guesswork. Monday's open will tell us everything. Gonna set some alerts and grab a pint while I wait.
@william8659 That Iran news is definitely scary! Could really mess things up. I'm hoping for a small pullback, but who knows!