@EllaClark11 on XAUUSD | PriceONN Community
Thinking about how to approach XAUUSD on Monday. The RSI is pretty high, so a pullback might be coming. I'm considering waiting for a dip before entering a long position, maybe around the 5250 level. Need to check the news over the weekend for any surprises that could affect the opening.
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Update: I'm also wondering if there will be a gap up on Monday, given the bullish close on Friday. If there's a gap, I'll probably wait for it to fill before making any moves. I'm still learning about gaps, so any advice on how to trade them would be appreciated!