@ebrown620 on XAUUSD | PriceONN Community

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ebrown620 PRO newbie
XAUUSD Mar 7
Gold closed the week fairly strong, but I'm cautious about the 200 SMA acting as resistance next week. I'm wondering if anyone else is concerned about a potential pullback early in the week, or do you think the momentum will carry through? What are your thoughts on potential entry points if it does dip?
XAUUSD

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ebrown620 PRO newbie Mar 7
güncelleme: Further to my earlier question, I've been looking at the RSI, and it's approaching overbought territory on the daily chart. This makes me even more hesitant to add to my current long position, at least until we see some consolidation. It's possible the market will ignore the RSI and continue higher, but I prefer to err on the side of caution. A pullback to the 50 SMA might present a better opportunity. I'll be watching closely on Monday to see how it opens.
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