@nycAdam21 on XAUUSD | PriceONN Community

Actually, thinking more about that gap risk... if we do gap down significantly, say below 4800, I'll be looking closely at the RSI. It was sitting pretty neutral at 53.4 on Friday, but a sharp drop could push it into oversold territory, maybe below 30. That's usually a good sign for a potential dead cat bounce, or at least a short-term reversal. I'd be tempted to take a quick scalp long if that plays out, with a tight stop just below the low of the gap. Gotta be careful though, liquidity grab potential is high with these weekend gaps. We just don't want to get rekt on Monday morning trading into a void.