@ethanbaker on XAUUSD | PriceONN Community

Going into next week, my main focus for XAUUSD will be watching that 4650 level. If we see a clear break below S2, I'm looking for a retest of the 4600 psychological level. The 200 SMA is still trending up nicely, so a deeper pullback might be a solid buying opportunity if it stalls out. I'll be looking for RSI to dip into oversold territory on H4 before considering a long. Remember that geopolitical noise can always cause a surprise move, so keeping my position size small initially. Definitely want to avoid getting caught holding bags if smart money decides to push it hard in one direction.