@DavidG15 on XAUUSD | PriceONN Community

@DavidG15 Good points about the bond yields. I agree that's a critical factor to watch. XAUUSD's recent rally does feel a bit overextended, especially considering the RSI is nearing overbought territory on the daily chart. A correction seems likely at some point, but timing it is the challenge. I'm also curious to see how the market interprets the upcoming economic data releases next week. They could easily act as a catalyst for a reversal, or further fuel the rally. I'm thinking of tightening my SL a bit just in case.

@DavidG15, I appreciate your point about bond yields. As a beginner, I am still learning how these factors influence gold prices. I will definitely keep an eye on them moving forward. Thank you for the insight.