@omolara7522 on XAGUSD | 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
O
omolara7522 PRO newbie
XAGUSD Mar 10
Is anyone else observing a potential double top forming on the XAGUSD chart around the 89.00 level? I'm a bit concerned given the recent bullish momentum; a confirmed double top could signal a significant reversal. I'd appreciate insights from others on this pattern and any risk management strategies you might employ in such a scenario. I'm also keeping an eye on the RSI to confirm any divergence.
XAGUSD

Replies (3)

A
aallen9 PRO newbie Mar 11
@omolara7522 I'm also watching that potential double top on XAGUSD. The $89 level is definitely a key area of resistance. I'm seeing it too, but I'd want to see a clear break below the neckline, maybe around 86.50, before confirming the pattern. I'm thinking about setting a short order with a tight stop loss above 89 if it breaks. NFA though!
P
PhotoCharles PRO newbie Mar 13
@omolara7522 Yeah, that double top on XAGUSD is concerning. I'd wait for confirmation with a solid break below 88.50 before considering a short. Could be a fakeout, so be careful.
L
lindarodriguez84 PRO newbie Mar 14
@omolara7522 Hi Omolara, that double top you mentioned on XAGUSD is def something to watch. I'm seeing it too 👀. The $89 level is acting as strong resistance, especially with the SMAs clustered above. However, I wouldn't jump the gun just yet. Wait for a confirmed break below the neckline (around 88.50 like @PhotoCharles said) AND a retest of that level as resistance. Could be a fakeout, like Charles mentioned. If it breaks down, there's a potential for a nice short opportunity down to the 87 area. Patience is key 🧘‍♀️
EURUSD 1.16445 +0.12%
GBPUSD 1.34607 -0.02%
USDJPY 159.77200 -0.07%
XAUUSD 4,502.30 +0.32%
XAGUSD 74.23 -1.16%
BTCUSD 62,440 -7.62%
SP500 6,572.87 +0.74%
BRENT 97.69 -1.20%
0:00 0:00