@EmilyRunner - XAUUSD | PriceONN Topluluk
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Considering holding my long XAUUSD position over the weekend. Last week was volatile, but the overall trend remains bullish. However, the overbought RSI is a concern. I'll likely set a tighter stop-loss just below the 50 SMA to protect profits in case of a sudden reversal. It's a risk-reward balance, but I'm willing to risk a small pullback for the potential continuation of the uptrend. The key is to manage expectations and be prepared to adjust the strategy based on Monday's opening.