@divyacyclist on XAUUSD | PriceONN Community
Thinking about Monday's open, my main concern is any potential gap up or down based on weekend news. The price ended near the middle of the Bollinger bands and RSI is sitting at a neutral 44.9, so there's room to move in either direction. I'll be looking at the R1 pivot around 4775 as a potential target if we get some bullish momentum early. Conversely, if we fall back towards the S2 pivot at 4740, that could be a short-term buying opportunity, but I'll wait for confirmation and maybe look for a divergence on the H1 chart before committing. Need to manage risk tightly if we see extreme volatility right out of the gate.