Well, the week closed strongly bullish for XAUUSD, didn't it? RSI is way overbought though, sitting at 75.6. Given the news about the US and Israel striking Iran, I'm expecting a gap up on Monday. What are everyone's thoughts on how high it could go next week?
Update: I'm considering a small short position if we see an extremely high gap up, just to play the potential retracement. But very small, given the overall bullish momentum and the news.
