@viknesh96 on XAUUSD | PriceONN Community
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Anyone else seeing a potential inverse H&S forming on the 4H chart around these 4700 levels? If we can break that neckline near 4730, I think we could see a nice move higher. What's the RSI saying for you guys?
Replies
Hey @viknesh96, I'm watching that H4 chart too. Saw a few doji candles forming around the 4750-4760 resistance area. That suggests indecision. If the neckline break at 4730 happens, it'll need strong conviction, but these dojis make me a bit hesitant about a quick rally.