@sophie6709 on XAUUSD | PriceONN Community

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S
sophie6709 PRO newbie
XAUUSD Feb 21
Anyone else worried about a gap up on Monday? Gold closed pretty strong on Friday, but RSI is seriously overbought. Could see a decent jump at the open, especially with all the geopolitical stuff going on. Gonna be watching closely to see if it holds above 5100 or if we get a quick correction.
XAUUSD

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S
sophie6709 PRO newbie Feb 21
Update: Thinking about setting a limit sell order slightly above Friday's high, just in case of a gap. SL would have to be pretty tight though, maybe around 5120. The risk/reward isn't amazing tbh, but worth a shot to catch a quick pullback if it happens. Plus, gives me some peace of mind over the weekend lol.
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