Wondering if we'll see a gap up on Monday with gold. Closed pretty strong on Friday, RSI overbought though... Might be a good idea to keep an eye on it early next week. Anyone else worried about a possible pullback after such a big move?
Update: Thinking more about that gap opening risk... If it gaps up too much, might be a good chance to short it initially, targeting a fill of the gap. But I'm still pretty new to this, so maybe I'm missing something. The D1 chart looks super bullish, so fighting the trend might be risky. Might just wait and see how the first few hours of trading go before making any decisions. Gotta manage that risk, right? What do you guys think?
