@brandon1091 on XAUUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
brandon1091
brandon1091 PRO newbie
XAUUSD Mar 4
Is anyone else seeing a potential descending triangle forming on XAUUSD on the H4 chart? The series of lower highs is concerning, and the flat base seems to be around the 5130 level. If that support breaks, what are your thoughts on the next significant level to watch? I'm curious about possible targets below 5100 if the pattern confirms.
XAUUSD

Replies (2)

brandon1091
brandon1091 PRO newbie Mar 4
A break above the upper trendline of the triangle would invalidate the pattern. Keeping a close eye on the volume to confirm any breakout.
brandon1091
brandon1091 PRO newbie Mar 4
Update: I'm also looking at the RSI divergence. It's not a clear signal yet, but the price is making lower lows while the RSI isn't confirming. This could mean the bearish momentum is weakening, possibly leading to a false breakout of the triangle. I'll wait for further confirmation before committing to a short position. Thoughts?
EURUSD 1.16239 +0.10%
GBPUSD 1.35362 +0.17%
USDJPY 154.75850 -0.95%
XAUUSD 4,393.10 -0.85%
XAGUSD 65.53 -0.96%
BTCUSD 79,405 -0.62%
SP500 6,572.87 +0.74%
BRENT 95.48 +1.29%
0:00 0:00