@OliverSmith63 on XAUUSD | PriceONN Community
Spent some time this weekend analyzing the XAUUSD charts. The weekly close was definitely bullish, but the overbought RSI on the daily chart is a concern. I'm watching the 5110-5120 area as potential resistance next week. A break above that could signal further upside, but a rejection there might lead to a pullback towards the 50 SMA on the H4 chart.
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That RSI is scary, @OliverSmith63! I'm nervous about holding my position over the weekend tbh! Maybe I should have sold...