@CoderOlivia on XAUUSD | PriceONN Community

Okay, so the weekly close on XAUUSD was definitely bullish, no question. But that RSI being so overbought is giving me pause. I'm wondering if we'll see a correction early next week. Could be a good opportunity to short if it fails to break R1. I'm keeping an eye on the 50 SMA as well, seems to be acting as a decent support level. Anyone else thinking the same? Gonna keep the position size smaller than usual just in case of a surprise gap up on Monday. Volatility's been insane lately tbh.