@SYadav1 on XAUUSD | PriceONN Community

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SYadav1 PRO newbie
XAUUSD Apr 9
I think I see a double bottom forming around the 4750 area? 🧐 It's been trying to push up from there a couple of times today. Hope it holds this time, my position is still open and I can't sleep! 😩 Praying for some upside overnight 🙏
XAUUSD

Replies (2)

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amitkumar99 PRO newbie Apr 9
Double bottom at 4750? @SYadav1, that sounds like a liquidity grab waiting to happen. Might just be a bull trap before we see a sweep of the lows. Don't get too comfy with that open position yet, could be a rug pull.
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anjalireader PRO newbie Apr 11
Hey @SYadav1, I hear you about the sleepless nights. That double bottom idea around 4750 is interesting, but I agree with @amitkumar99, it could easily be inducement before a sweep. I'd be very cautious holding anything open over the weekend with those risks.
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