@dWhite10 on XAUUSD | PriceONN Community

Considering the overbought RSI on the daily timeframe (75.6) and the potential for increased volatility due to the geopolitical situation, my strategy for Monday will be to monitor XAUUSD closely for a potential pullback. I'll be watching the S1 pivot level at 5242.79 as a possible support zone. If it holds, I might consider a small long position with a tight stop loss just below S2 (5235.44). However, given the news, a short position may present a better risk/reward opportunity if the initial surge fades. Risk management will be key.