@FastBear85 on XAGUSD | PriceONN Community

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FastBear85 PRO newbie
XAGUSD Mar 4
Looking at the silver charts tonight, I'm noticing a potential double top forming around the 84.50 level on the H4 timeframe. It coincides almost perfectly with the 20-day SMA. If it breaks below the neckline around 83.00, we might see further downside. Just something to keep an eye on as we head into the new trading week.
XAGUSD

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FastBear85 PRO newbie Mar 4
Update: Actually, looking closer, the RSI on the daily chart is still below 50, so the double top might not play out exactly as expected. Still watching that 83 level closely, though.
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