@HarryDavies on XAUUSD | PriceONN Community
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Right, so with gold closing above 5100 on Friday, I'm thinking about my strategy for Monday. Given the overbought RSI on the daily chart, a short-term pullback might be on the cards initially. I'll be watching for a potential entry point around the pivot point at 5075.92 for a quick scalp if it retraces that far. Otherwise, I'll wait for confirmation of continued bullish momentum before considering a long position.