@sakshisinha57 on XAUUSD | PriceONN Community
S
So, with XAUUSD closing around 4749 and the RSI at 44.9, it's not exactly screaming 'buy' or 'sell' for Monday's open. I'm going to keep my position flat over the weekend, no point risking a gap against me. I'll be watching the 4760 resistance and 4740 support very closely. If we get any significant news over the weekend, especially something around oil prices pushing inflation fears, that could create a decent gap. I'm not touching leverage until I see a clearer directional move, maybe a breakout above the Bollinger upper band or a solid rejection at the lower one.