@AmeliaEvans4 on XAUUSD | PriceONN Community
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Considering the current XAUUSD price at 5171.51 and the RSI nearing overbought territory, I'm planning a cautious approach for Monday. A gap up is possible, but I'll be waiting for confirmation before entering any positions. My strategy involves observing the initial price action and volume to determine if the rally is sustainable or if a retracement is more likely. I'll be setting alerts at 5185 for a potential breakout and 5155 for a potential pullback.