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Looking at potential entries for XAUUSD on Monday. RSI is way overbought on the D1, but momentum is strong. Might wait for a slight pullback to around 5080-5085 before considering a long position. Need to see how it opens after the weekend tbh.
@ediLeo4, Yeah, that D1 RSI is a worry. I'm thinking the same thing, a slight pullback is likely. 5080-5085 seems like a decent entry point if it gets there. My only concern is a potential gap up on Monday morning. Could mess up the whole plan, so will have to see what happens.
