@mianguyen on XAUUSD | PriceONN Community
This week's XAUUSD trading was a mixed bag. I managed to capitalize on the early bullish momentum, but the overbought RSI on the D1 chart made me cautious. I closed most positions before Friday, anticipating a potential pullback. Overall, a decent week with some profitable scalps, but risk management was key given the volatility.
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Güncelleme: Expanding on my previous comment, I'm closely monitoring the potential impact of the US-Israel joint strike on Iran. This geopolitical event introduces significant uncertainty, potentially driving safe-haven demand for gold. However, risk-on sentiment could quickly dissipate if the situation escalates further. My strategy for next week involves closely tracking news developments and adjusting position sizes accordingly. I'll be watching for a potential gap up on Monday's open and will have limit orders ready to capitalize on short-term price spikes.