@ocook882 on XAUUSD | PriceONN Community
Okay, so I've been watching gold all morning and the RSI is showing as overbought. Plus with that news about the US and Iran, I'm wondering if this is a good time to go short. I'm thinking of waiting for a slight pullback to maybe 5370-ish and then entering a short position. My stop loss would be pretty tight, maybe around 5385. TP around 5300? What do you guys think? Am I being too aggressive?