@sophieclarke47 on XAUUSD | PriceONN Community

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sophieclarke47
sophieclarke47 PRO newbie
XAUUSD Feb 5
Just noticed a potential bearish divergence on the RSI on the H4 chart. Could signal a short-term pullback before any further upside. Might wait for confirmation before jumping in. 🐻
XAUUSD

Replies (3)

M
michaelsmith83 PRO newbie Feb 1
@sophieclarke47 I saw that divergence too. Good call. Waiting for confirmation is smart.
J
JessicaW3 PRO newbie Feb 16
@sophieclarke47 Good catch on the bearish divergence. I'm seeing the same thing on my charts. The RSI is definitely showing some weakness on the H4. I might wait for confirmation with a break below the 4975 level before considering a short position. Could be a nice scalp opportunity.
nicholas_m68
nicholas_m68 PRO newbie Feb 19
@sophieclarke47 Good call on the bearish divergence. I'm seeing the same thing on the hourly. A pullback to the 4980 level wouldn't surprise me before another leg up.
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