@melEthan9 on XAUUSD | PriceONN Community
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Alright, so I've been doing some thinking over the weekend about my XAUUSD strategy for next week. I'm still pretty new to this, but I'm trying to learn as much as possible! I'm seeing that RSI is overbought. Does that mean it's likely to go down? I'm thinking of setting a buy order around 5050 in case it pulls back a bit. And then maybe a TP around 5150? Does that sound like a reasonable plan? Any advice from more experienced traders would be awesome!