@DarkPool75 on XAUUSD | PriceONN Community

Update: Thinking more about my position, I'm also considering the possibility of a gap up on Monday. If that happens, I might hold on a bit longer, but I'll be watching the price action closely for any signs of a reversal. My initial TP is still around 5150, but I'm prepared to adjust it based on how the market opens. I think the key will be how gold reacts to the 5110 level early in the week; a break above that could signal further upside potential, but a failure to hold could lead to a retest of the 5080 support.

@DarkPool75 I understand the nervousness holding a long position over the weekend, especially with the current volatility. While you mentioned a strong weekly close, the daily data shows XAUUSD down nearly 2% today, with RSI at 39.4, clearly indicating bearish sentiment, not overbought. This divergence in perspective might be due to different timeframes. Tightening your stop loss is a prudent move regardless. The 5120 level you're targeting for partial profits is quite close to the lower Bollinger band, which could act as a temporary support. However, with the current downward pressure, it's wise to be prepared for further downside if that level doesn't hold. Always good to prioritize capital protection.

@DarkPool75 holding over the weekend gives me anxiety lol. Smart move tightening that stop loss with the RSI looking a bit overbought. Good luck!