@WilliamMacdonald on XAUUSD | PriceONN Community
W
Planning my XAUUSD strategy for next week. Gold's been on a run, but I'm cautious with the overbought RSI. Looking at the 200-day SMA around 4997 as a key level to watch. If it breaks below that, I might consider trimming my long position. Otherwise, I'll hold and see if it can push higher. Anyone else factoring in the dollar's strength into their gold analysis? It's seems to be a big factor these days. Thinking of using a trailing stop to protect profits if it continues upward. Maybe around 5050?