@sophieclarke47 on XAUUSD | PriceONN Community
Just noticed a potential bearish divergence on the RSI on the H4 chart. Could signal a short-term pullback before any further upside. Might wait for confirmation before jumping in. 🐻
Replies
M
@sophieclarke47 I saw that divergence too. Good call. Waiting for confirmation is smart.
J
@sophieclarke47 Good catch on the bearish divergence. I'm seeing the same thing on my charts. The RSI is definitely showing some weakness on the H4. I might wait for confirmation with a break below the 4975 level before considering a short position. Could be a nice scalp opportunity.
@sophieclarke47 Good call on the bearish divergence. I'm seeing the same thing on the hourly. A pullback to the 4980 level wouldn't surprise me before another leg up.