@tyler2467 on XAUUSD | PriceONN Community

Friday's close was definitely bullish, but the speed of the move makes me cautious. We're sitting near potential resistance levels, and with the RSI so high on the daily chart, a correction is likely. I'm not convinced this rally has legs without a period of consolidation. I'll be looking for bearish candlestick patterns on the H4 chart early next week to confirm a potential reversal. If we break above 5300 decisively, I'll re-evaluate, but for now, I'm leaning towards a short-term pullback. This could be a good opportunity to short at resistance with a tight stop loss above the recent highs. Manage your risk carefully, though; gold can be unpredictable.