@jallen692 on XAUUSD | PriceONN Community
J
Next week, I anticipate volatility in XAUUSD due to the overbought conditions. A potential gap up on Monday is possible given Friday's close, but a correction is also likely. I'll be watching for a retest of the 50-day SMA for a possible short-term buying opportunity. Risk management will be crucial given the conflicting signals.