The XAUUSD close on Friday was definitely interesting. A strong bullish move, but with the RSI clearly in overbought territory. I'll be watching closely on Monday to see if we get a gap up or a correction. Position sizing will be key given the potential for volatility.
Sophie, your point about position sizing is well-taken. The potential for a gap opening on Monday is significant, and managing risk will be paramount. I'll adjust my stop-loss accordingly.
