@SophiaB81 on XAUUSD | PriceONN Community
Given the geopolitical tensions with the US and Israel striking Iran, I anticipate a risk-off sentiment driving gold prices higher at the open next week. However, with the RSI firmly in overbought territory, a pullback is also plausible, particularly if initial reactions are overblown. I'll be watching closely for confirmation of either a breakout or a reversal before committing to a position. Risk management will be key, especially considering the potential for volatility.