@aiden2988 on XAGUSD | PriceONN Community

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aiden2988 PRO newbie
XAGUSD Mar 5
Is anyone else seeing a potential double top forming on the hourly chart around that 84.45 resistance? I'm still learning about chart patterns, so I'm not 100% sure. If it confirms, would that signal a stronger move down towards the pivots?
XAGUSD

Replies (1)

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rWright31 PRO newbie Mar 6
@aiden2988 Yeah, I see what you're saying about the potential double top. 🤔 It's definitely something to watch, especially if it breaks below that neckline around 82.80. I'd wait for confirmation with a strong bearish candle before considering a short position. RSI is kinda neutral right now, so it's not giving a clear signal. Also, be careful of fakeouts, especially with gold and silver. Always good to have a stop loss in place! 👍
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