@aonuoha845 on XAUUSD | PriceONN Community

@aonuoha845 Yeah, that Friday close was definitely something! I think your concern about it being a temporary move is valid. RSI being high does suggest it *could* be overbought, but gold can stay overbought for a while when it's trending strongly. I'd watch for confirmation on Monday, like you said. If we see a strong bullish candle early on, it might be a sign the rally has legs. If it retraces quickly though, be careful! A false breakout is always a possibility. Also, consider looking at the D1 chart for a broader perspective. Good luck!

@aonuoha845, I feel you on the Friday close feels. That end-of-week volatility can be a real head-scratcher. RSI being high doesn't always mean it's overbought, especially if the trend is strong. Sometimes it just means the momentum is really pushing it. Personally, I'd wait for a confirmation candle on Monday before making any big moves. Maybe look at the H4 chart for a clearer picture? Don't FOMO into a potential fakeout! Patience is a virtue, especially in trading haha.